Tag Archives for " BAS Agent "

Q3 Deadlines for the Diary

Don’t let the relaxed summer holiday feeling distract you from your business lodgement responsibilities!

Lodgement and payment deadlines still apply, although you get a little extra time this quarter for your December obligations.

To help you get organised for the new year, we've highlighted some upcoming business lodgement due dates.

Talk to Us About Lodgement Planning

If we're already lodging on your behalf, lodgement extensions automatically apply. You may have earlier deadlines if you're lodging activity statements and other forms directly with the ATO.

If you need more time to lodge and pay, let us know, and we can help you meet your obligations or arrange a lodgement extension if required.

Some tax return due dates fall within the first quarter of 2022. Talk to us if you're not sure of your business entity's tax return due date.

It's good practice to plan for your lodgement dates, so you're always ahead of the ATO and also for your cash flow planning. Don't get caught out with a penalty for late lodgement!

We are a registered BAS Agent. Get in touch to organise Busy 01 Consulting and First Class Accounts Ovens and Murray to manage your lodgements. 

The benefits of engaging a BAS Agent for your business

Do you spend too much time on your accounts? It could be time to engage the services of a BAS agent to help you with bookkeeping and ATO reporting.

Working with a BAS agent can benefit your business more than you may realise! We’d love to talk about how we can help save you time and money.

Many business owners starting out try to save on costs by doing their own bookkeeping, but this is one of the first tasks you can outsource to give yourself time and save money. If you can work on your business to generate more sales, why spend that valuable time on administration and accounts management?

A BAS agent is a registered tax professional who can provide a greater variety of services than a bookkeeper. BAS agents are trained in the complexities of GST and other laws – meaning you don't have to become an expert in areas that are not your passion or skillset.

What a BAS Agent can do for your business

Once the agent has become familiar with your business operations, they can not only take care of the transactional recording, financial reporting and compliance requirements, but they can assist you in better understanding your day-to-day business performance. A

BAS agent can become a trusted member of your management team along with your tax agent, providing accurate and timely financial advice and insights to help you make better business decisions and plan for long-term success.

BAS Services

A BAS agent can ascertain and advise the business owner on correct liability amounts and submit statutory reports to the ATO and other agencies on behalf of the owner.

BAS provisions include determining GST liabilities, PAYG withholding obligations, employee superannuation contributions, and submitting taxable payments reports and Single Touch Payroll.

What makes a great BAS Agent?

Professional BAS agents keep up with ongoing education and development, use industry best practices, take the time to ask questions and understand your organisation, and do their best to assist and advise your business.

They will work proactively to support the business by ensuring the integrity of the accounts and providing accurate financial reports. They will be able to discuss your business’s financial health, assess operations and systems, and give you valuable advice.

If you think it’s time to engage a professional BAS agent, get in touch and let’s talk about how this can benefit your business and save you time and money.