Perhaps you have only been operating your own business for a few months and are approaching your first-ever tax season in this role. Maybe you just tend to second guess yourself when preparing tax reporting documents and you would rather pass the responsibility off to someone else.
Either way, if you would like some extra peace of mind with your tax dealings this year, Justine Jarratt Bookkeeping can help. We are BAS agents offering services in Joondalup, Leederville and in and around the rest of the Perth metro area. If your business operates in the Perth area and you would like to sit down with a BAS agent to discuss your tax obligations for the current year, just give us a call, and we will set up a consultation.
What You Need to Know about BAS
The BAS (short for ‘business activity statement’) is one of the most important pieces of paperwork a business will do in any given year. The purpose of the BAS is to report all your company’s tax obligations to the Australian Taxation Office. Typically, a BAS needs to include details about obligations like PAYG (pay as you go) withholding and PAYG instalments (also known respectively as income tax withholding and income tax instalments). Your BAS form should also include details about fringe benefits tax (FBT), wine equalisation tax (WET), goods and services tax (GST), luxury car tax (LCT) and fuel tax.
Needless to say, determining your business’s obligations and liabilities under a BAS provision can be a complicated and confusing process. This statement is especially true if you are preparing the BAS form for your business for the very first time. With many different factors and possible obligations to consider, it’s good to have an expert on your side who knows all about the BAS and the various tax laws and liabilities it encompasses.
Choose Justine Jarratt Bookkeeping as Your BAS Agents in Leederville or Joondalup
At Justine Jarratt Bookkeeping, our BAS accountants in Leederville and Joondalup will help to demystify the process considerably. As licenced BAS agents, we can help you identify your tax liabilities under the various tax laws that need to be reported on your business activity statement. We will handle all dealings with the Australian Taxation Office so that you don’t have to worry about that side of the equation. We can even arrange payments for you, so that can settle your taxation obligations and move on with running your business.
There is no reason to get nervous, frustrated or stressed out about compiling the business activity statement for your business. With Justine Jarratt Bookkeeping at your side, you will be able to prepare your form quickly and accurately and settle your taxation obligations with minimal fuss.
Are you interested in working with our BAS accountants in Joondalup or Leederville? If so, give us a call on (08) 9490 9555 to arrange a consultation and start preparing your BAS form for the current year.