Following on from our previous blog, “20 jobs your BAS Agent can do for you”, I thought that it would also be good to advise you on the sorts of jobs your BAS Agent can’t do for you. BAS Agents are bound by a strict code of conduct as handed down by the Tax Practitioners Board […]

This blog is an update to our previous blog regarding paying super contributions to the Small Business Super Clearing House via Medicare. From 1st April 2014, the clearing house will now be run by the Australian Taxation Office (ATO) instead of the Department of Human Services. The good news is that there will not be […]

Thankfully GST tax codes aren’t as complicated as actual computer coding as shown in our feature image here! What can be complicated (and confusing) however, is the way the major accounting software providers display their tax codes. If you are a BAS/Tax Agent or bookkeeper you probably have to work with more than one software so […]

So the BAS lodgement date came and went and you didn’t get around to lodging your BAS – what happens now? The Australian Tax Office (ATO) doesn’t look favorably on this behaviour. If they see fit, you may just find yourself having to pay late lodgement penalties. What are these penalties and how much will […]

Even though the Goods and Services Tax (GST) has been in operation for more than 10 years, despite its best efforts to educate the general public, the Australian Taxation Office (ATO) is still receiving business activity statements (BAS) containing many errors. Most of these errors relate to the over-claiming of GST input tax credits (ITCs) […]

Good news clients! We can now assist you and your business with 2 more tasks – superannuation guarantee and the Taxable Payments Annual Report. So that will be 2 more tasks that you don’t have to do anymore which means more time for you – yippee!

In a recent industry newsletter, my attention was drawn to an article about document lodgement declarations for clients. In summary, the article said that a signed declaration in writing must be obtained from clients for every single document BAS/Tax agents lodge on their behalf. My opinion (and that of my clients!) on this: a signed […]

As of 30 June 2013, the Tax Agent Services Act 2009 (TASA) has been amended. What parts of the legislation have been amended and how does this affect BAS/Tax Agents?

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!