From Jul 17 small business clients with a GST turnover of less than $10 million can now use Simpler BAS and they only need to report:
- G1 Total Sales
- 1A GST on Sales
- 1B GST on Purchases
Simpler BAS is not available for clients with a GST turnover of $10 million or more.
For more info contact Maurie on 0418 573 667