Simpler BAS reporting

The ATO has been working to make business activity statement (BAS) reporting simpler for small business.

From 1 July 2017, small businesses will only be required to report:

  • GST collected (1A);
  • GST entitled to be claimed (1B);
  • Total sales (G1).

Talk to your tax agent to find out how this may impact on your activity statement reporting to the ATO.

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