Activity Statements / GST
We can prepare and lodge:
- Business Activity Statements)
- Instalment Activity Statements
If an entity's turnover exceeds $75,000 it generally be required to register for GST. If the turnover does not exceed $75,000 the entity may elect to register for GST in order to receive GST credits. Note that in the case of not-for-profit organisations, the threshold is $150,000 (not $75,000).
Generally the ATO will request a GST registered entity to lodge a Business Activity Statement (BAS) every quarter, although some entities only have to lodge annually. A quarterly statement can be prepared and lodged by us once you have provided us with the necessary information.