Tag: lodgement

BAS

Stay on Top of Your BAS Lodgement

As the October–December Business Activity Statement (BAS) deadline approaches, the Australian Taxation Office (ATO) has released important guidance to help businesses ensure accurate and timely lodgment. Staying on top of your activity statement is crucial to maintaining compliance and avoiding unnecessary penalties. Here’s what you need to know to streamline the process and get it…
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Lodgement Penalty Amnesty Program

The past few years have been challenging for many small businesses with the COVID-19 pandemic and natural disasters having a significant impact on their businesses. With the announcement of tax penalty amnesty scheme in the May 2023-2024 federal budget, the Australian Taxation Office is encouraging small businesses which have overdue income tax returns, fringe benefit…
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