Looking for Business Activity Statement (BAS) Accounting Services in Melbourne and Mornington Peninsula?
We work closely with our clients to advise, prepare and lodge your BAS to the ATO successfully.
As a BAS agent, our scope of service includes:
Collecting relevant documentation and preparing your BAS before the ATO deadlines
Assessing your tax operations and ensure that you are complying with legislation
Advising you on how legislation affects you and your responsibilities as a business owner
By working with Metro Bookkeeping, you will be able gain access to a BAS agent, bookkeeping services and payroll services, all in one spot!
Are you ready to transform your business?
Using a professional BAS agent can help you and your business in many ways.
- Less stress
- No more tedious tasks
- Better cash flow and more money
- More time to focus on the parts of your business that you really love
If you are looking to change your life and your business, take the first step and request a consultation with Metro Bookkeeping.
Where to Find Us
We are conveniently located on the Mornington Peninsula , providing BAS accounting services on the Peninsula, Melbourne and Victoria, or can work remotely for your business if interstate.
We meet with clients across Melbourne and Victoria, or can work remotely wherever your business is located.
Frequently Asked Questions
What is a Business Activity Statement?
A Business Activity Statement, or BAS, is a form submitted to the Australian Taxation Office reporting your Goods and Services Tax (GST), PAYG withholding tax and instalments, as well as any other tax obligations of your business.
Do I have to do a BAS?
Not everyone needs to complete a BAS.
You only need to lodge a BAS if you are currently registered for GST. Businesses are legally required to register for GST once their gross income exceeds $75,000. If you are starting a new business, make sure that as soon as you begin to earn over this amount, you register for GST as to avoid a bill from the ATO.
The ATO will send you a BAS when it is time to lodge one.
What are the requirements for BAS?
If your business is registered for GST and you are required to lodge a BAS, you will be required to enter the correct figures for your business regarding:
- Goods and services tax (GST)
- Pay as you go (PAYG) instalments
- PAYG withholding tax
- Any other taxes
Metro Bookkeeping can assist you in reaching the correct figures and completing the BAS when required.
Your business’ GST turnover determines how often you will be required to lodge a BAS. Generally it is quarterly if your GST turnover is below $20 million, and monthly if it is above $20 million, but may be different depending on a number of different factors.
Make sure you are aware of the obligations for your type of business. The BAS requirements differ for sole traders and other business categories, so make sure you know your obligations.
What is a BAS agent service?
A BAS agent service is a tax agent who can lodge your BAS on behalf of your business. BAS agents advise their clients on their tax obligations and their legal requirements for reporting. Registered BAS agents lodging Business Activity Statements electronically on behalf of their clients are granted an extended deadline.