BAS and GST Compliance

Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. Australian businesses which have an expected gross income equal to or higher than AUD75,000 must register for the GST.

GST-registered businesses are required to submit business activity statements (BAS) to the Australian Tax Office (ATO) one to twelve times per year depending on their business size. The larger your business is, the more frequent you have to fill in. BAS is also personalized for every company and its information may also be used for other tax returns.

CK Tax And Financial is a group of experienced accounting professionals from both Hong Kong and Australia. We can help you register for GST and help you lodge BAS to the ATO. Therefore, you would not violate any tax regulations and can prevent from any penalties.