If you are a business owner and you make $75,000 or more in Australia, you must submit regular Business Activity Statements (BAS).
If you fall behind in lodging BAS statements, you could end up with debts to the Australian Tax Office (ATO). In some cases, if you get in touch with a professional accountant, such as Thornton & Associates, your business accountant can negotiate with the Tax Office on your behalf to organise a payment plan that works within your cash flow constraints.
If the Tax Office has contacted you about late BAS lodgments, or you are concerned about your BAS being overdue – contact Thornton & Associates today.
———— or ————