The ATO has announced that a new function is now available in the BAS, Tax and Business Portals: File Transfer. This is a major improvement to the portals’ functionality and will be welcomed by Tax and BAS Agents across Australia.
Here at e-BAS Accounts we do everything via systems and checklists. When we process a client’s BAS we use our “BAS Preparation Checklist”. Using the checklist ensures that we never miss a thing! Today we are sharing the checklist with you – it’s free to download! Enjoy!
Xero has decided to change some of their tax codes. This will happen in a new release in late March 2013. Two codes are being dumped and 3 new codes are being introduced.
This is part 3 in our blog series about source documents. In parts 1 and 2 we explained what source documents are, why they’re important and also how our clients deal with them. Today we will look at how the legislation which guides us as BAS Agents impacts on the way we work with source documents.
As of 12/05/09, businesses will not be able to claim input tax credits for purchases more than four years old!
Continuing with our series of free fact sheets, today we release our fact sheet about Recipient Created Tax Invoices. What are they? When do you use them? What needs to be included on them? Find out by downloading our free fact sheet. Also included,
While most supplies or sales are taxable in the world of the Goods and Services Tax, there are some supplies and sales that are treated differently. These are called input taxed supplies. To find out more about this, download our free fact sheet below:
If you’ve been breathing, had one eye open and living in Australia for the past 12 years, you’ll know that most sales and purchases you make are subject the Goods and Services Tax (GST), currently 10% on top of most items and services. You will also be aware that a receipt or invoice you receive when purchasing goods and/or services is called a tax invoice. But do you really know everything you need to know about tax invoices?