THIS PAGE  IS  PRESENTED  AS  A SIMPLE  GUIDE TO MEETING YOUR AUSTRALIAN  GST COMPLIANCE OBLIGATIONS

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The

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BAS

Statement

         NegatIve Gearing?   Let Taylors' Bookkeeping get you your variance

It is going on seven years now and still I am hearing our so called experts tell us that small business is burdened with the preparation of the GST Bas Statement and that it is costing them (small business) much more than they can afford to have it taken care of for them. 

As a qualified bookkeeper who has been involved with the BAS Statement since its inception I am at loss to understand why it has to be such a burden.

Having said that I am also at loss to understand why the experts can't admit that any operator of a small business, that is successful, must also have the same intelligence to complete his Bas Statement.

Any small business using MYOB will already know that at the end of each quarter this programme will automatically give them a completed BAS Statement.

However, for those businesses not yet operating MYOB or other similar computer programmes I have set out on page 2 a very simple and most useful working sheet that I used for eighteen months before switching over to MYOB.  

My advice is to complete one for each month of the quarter concerned and then combine the figures onto a final one for the quarter.

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email: alien2324au@yahoo.com.au 

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