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Cotter Accountancy News

ATO: Lodge your BAS on time - it's a great business move

22/1/2016

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Do you know one of the easiest ways to help your business is to lodge your BAS on time, every time?

This includes lodging your BAS by the due date even if you can’t pay on time or you have nothing to report.

Not only can you avoid late lodgment penalties of $180 or more, you can also better manage your payments and keep your debt from growing.

Here are some handy tips to help you lodge and pay your BAS on time:
  • set yourself due date reminders using our key dates tools in the ATO app or the Small business newsroom
  • lodge your quarterly BAS online to gain a two week deferral of your due date
  • work out how much you’ll owe early on so you have more time to set aside your payment
  • pre-pay amounts towards your expected tax bill or pay early if you know you’ll be away on the due date.

If you need support with your payments you can phone us on 13 28 66. We’ll work with you to find the best possible solution for your situation.

Make the right move for your business and start 2016 on the right track. Lodge your BAS on time, every time this year.

Next step:
Download the key dates relevant to you from the Small business newsroom calendar or get the ATO app to use the key dates tool on the go.

​For further details please click here.
Accounting with a personal touch ....
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