by Cat Mabbett | Nov 2, 2022 | BAS Services
Does your business buy products and services from overseas suppliers? If so, you may be charged GST (but not always). Overseas businesses must register for GST in Australia, if they have a turnover of more than $75,000 for sales connected with Australia. Many large...
by Cat Mabbett | Sep 21, 2022 | BAS Services
Should you register your business for GST? Many business owners register their businesses from day one, regardless of income. Others (for example sole traders), choose not to register for GST until it is mandatory. However, it is common that new businesses don’t...
by Cat Mabbett | Jul 29, 2022 | BAS Services
If you’re lodging your own Business Activity Statement for the June quarter, you needed to lodge and pay by 28 July 2022. Nevertheless, if you lodge using CM Books and BAS registered services, you have until 25 August to lodge and pay. If you plan to lodge your...
by Cat Mabbett | Jun 26, 2022 | BAS Services, Bookkeeping
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other expenses that are specific to the nature of the goods or services that your...
