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Activity Statement
Activity statements are used to make payments and report obligations under the tax system. The statement is used to report and pay your FBT Instalments, PAYG (instalments and withholding), GST and related tax obligations, and to pay deferred company and superannuation fund instalments. The ATO website provides instructions on how to complete sections of the activity statement:
- FBT (Fringe Benefit Tax)
- GST (Goods and Services Tax)
- LCT (Luxury Car Tax)
- PAYG (Pay As You Go) Instalments
- PAYG (Pay As You Go) Withholding
- WET (Wine Equalisation Tax)
|
Quarter |
Taxpayers Normal Lodgement & Payment Date |
Taxpayers On Line Lodgement & Payment Date |
Accountants On Line Lodgement & Payment Date |
|
September |
28th October |
11th November |
25th November |
|
December |
28th February |
28th February |
28th February |
|
March |
28th April |
12th May |
26th May |
|
June |
28th July |
11th August |
25th August |
If your annual turnover is less than $20 million, you can lodge your Business Activity Statement monthly or quarterly. However, if your annual turnover is $20 million or more, you must lodge your Business Activity Statement and make payments electronically every month.
FURTHER INFORMATION: The ATO website provides answers to some common questions about the Activity Statement.
There are three main areas reported on a BAS being:
- Goods & Services Tax (GST)
- PAYG Withholding (Employees/Contractors Tax Deducted)
- PAYG Installments (Business & Investment Income Tax in Advance)
The BAS can also include other taxes such as:
- Fringe Benefits Tax
- Luxury Wine Tax
- Fuel Tax Credits
- Deferred Company Instalments
If you are not registered for GST then you will need to report your tax obligations for PAYG Withholding and Instalments on an Instalment Activity Statement (IAS).
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