Efficient BAS Lodgement Services for Australian Businesses

Lodging your Business Activity Statement (BAS) can be complex and time-consuming. The Mornington Peninsula Bookkeeping team is here to take the stress out of BAS lodgement, ensuring accuracy and compliance with the Australian Taxation Office (ATO) requirements. Trust us to handle your BAS while you focus on growing your business.

What is BAS Lodgment?

BAS lodgement refers to the process of submitting the Business Activity Statement (BAS) to the Australian Taxation Office (ATO). The BAS is a form used by businesses to report and pay their taxes, including Goods and Services Tax (GST), Pay As You Go (PAYG) withholding tax, and other tax obligations such as fringe benefits tax (FBT) instalments.

Businesses registered for GST are generally required to lodge a BAS either monthly, quarterly, or annually, depending on their GST turnover. The BAS outlines income earned, GST collected and paid, and other tax-related information for the reporting period. Many Australian businesses rely on BAS agents or accountants to assist with the preparation and lodgement to ensure compliance and accuracy.

Benefits of Outsourcing BAS Lodgments

Outsourcing your BAS lodgments to a BAS agent in Melbourne like Mornington Peninsula Bookkeeping can offer several advantages:

Enhanced Efficiency: Save time and effort by relying on professionals who are well-versed in tax regulations and compliance requirements. This helps prevent costly mistakes and ensures your BAS is lodged accurately and on time.

Financial Processes Optimisation: Outsourcing can simplify your financial processes, freeing up resources to focus on other aspects of your business.

Expert Advice and Support: Gain access to experienced BAS agents who can provide expert advice and support, helping you navigate complex tax situations and optimise your tax outcomes.

Compliance Assurance: Stay compliant with ATO regulations and avoid penalties with reliable BAS agent services, ensuring timely lodgments and peace of mind.

Why Choose Us?

Mornington Peninsula Bookkeeping is a registered BAS agent and capable of submitting your BAS online through the ATO’s portal. With our technology-driven, cloud-based solutions, experience streamlined BAS and lodgement processes. Contact us today to speak with one of our friendly BAS agents and enjoy the following benefits:

  1. Expert BAS lodgement services and advice
  2. Fast and efficient communication
  3. On-demand support from experienced accountants
  4. Transparent pricing with no hidden costs
  5. Actionable advice that delivers results
  6. Guidance on BAS due dates and preparation
a folder labeled Bookkeeping

Our BAS Lodgement Process

Mornington Peninsula Bookkeeping makes lodging your BAS easy. Here are the steps of our lodgement process:

  1. Initial Consultation: We start with a detailed consultation to understand your business and its tax obligations. Our team gathers all necessary financial documents and data.
  2. Data Review and Preparation: We review your financial records to ensure all information is accurate and up-to-date. Our accountants prepare your BAS with attention to detail.
  3. Lodgement and Follow-Up: We lodge your BAS electronically with the ATO, ensuring timely submission. Our team monitors the lodgement process and handles any queries from the ATO on your behalf.

Get Started with Our BAS Lodgement Service Today

Ready to streamline your BAS lodgement process and ensure compliance? Contact us today to schedule a consultation with one of our BAS experts. Discover how our tailored solutions can help your business thrive.

BAS Lodgement FAQS

To lodge your BAS, you have two options: you can either complete the process online through the ATO’s portal or get assistance from professionals. If you choose to lodge online, log in to the ATO’s Business Portal using your business details and follow the prompts to submit your BAS. Alternatively, if you prefer a more hands-off approach, Mornington Peninsula can guide you through the process and ensure everything is done correctly.

If you handle your own BAS lodgments, they are due to the ATO on the 28th of the month following the end of the accounting period. However, if you engage a tax agent such as Mornington Peninsula bookkeeping, the lodgement date extends to two months after the end of the accounting period.

If your BAS is not lodged with the ATO by the deadline, you may incur late lodgement penalties. Additionally, if you make a late payment, the ATO can impose interest penalties on any amounts owing after the due date. Our service ensures your BAS is lodged on time to avoid these penalties.