IMPORTANT INFOMATION AND LINKS
DOCUMENTS AND INFORMATION REQUIRED TO FINALISE MONTHLY/QUARTERLY BAS
-
All business-related bank statements
-
All credit card statements
-
Business loan statements
-
Bill/ Expenses paid by Eftpos, Ebank, Bpay's and Cash
-
Sales records (if business income are not based on bank statement)
-
If new business loan agreements are taken up, we require business loan agreements etc. motor vehicle loan or equipment loan
-
Purchase invoice for Capital Purchase over $1,000.00 etc. motor vehicle
-
Notify us for any sale of Plant & Equipment over $1,000.00
-
Notify us for commencement of new employees, we require personal details of employee etc. Tax File Number and Super infomation.
LODGEMENT AND PAYMENT DUE DATES
We require client’s documents and information necessary to finalise their BAS, 14 days before the due date.
Client's will incur a $50.00 fee for every quarter they fail to provide on time. (This fee will come into effect as of 1/7/2020)
If client's do not provide their documents on time, they are at risk of incurring a late lodgement fine from the ATO.
Fines vary from $500.00 to $1050.00 depending on the size of the entity (whether sole trader, partnership, company or trust).
If the client's information and documents are not provided to us in a reasonable timely manner, we will not be liable for the ATO fine they incur.
