To start reporting GST using the simpler BAS, you need to have: The ATO are urging new small businesses to take advantage of this option and simplify your GST bookkeeping and reporting before simpler BAS becomes the default GST reporting method for all small businesses later this year. Simpler BAS offer for new small businesses If you are a new small business, the ATO are keen for you to know that you can start using the simpler BAS ahead of the full implementation on 1 July.
Leave a Reply