A Business Activity Statement(BAS) is a form that you fill out between one and twelve times a year as per your reporting cycle, depending on your business size. The ATO uses the information on your BAS to work out your GST refund or bill.Your business will use the Business Activity Statement form to report on your taxable sales, taxable purchases, and other tax obligations such as GST and PAYG withholding. To know more, reach out to our experts at maspartner.com.#BAS #australiantaxes #taxcomplia

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