If your business is registered for goods and services tax (GST), you need to lodge a business activity statements (BAS). BAS lodgment will help you to report and pay your GST, your PAYG instalments and withholding tax and other taxes. At Tradewise Solutions, we assist businesses in filling and lodging BAS. You just make sure to keep records of all sales, fees, expenses, wages, stocktake records and logbooks to substantiate motor vehicle claims and other business costs.
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