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  • Quick tips for activity statements

    14 July 2020

    When completing your next business activity statement (BAS), remember:

    • Only claim GST credits for the business portion of purchases.
    • Check you aren't claiming for GST-free items.
    • You need to claim GST and fuel tax credits within four years.
    • If your business runs fundraising events, check your Income Tax and GST reporting requirements.
    • JobKeeper payments aren't reported on your activity statement, they're reported as income in your income tax return.
    • You can vary your pay as you go (PAYG) instalment amount or rate on your activity statement.Lodge this before lodging your income tax return.

    Additional support is available. Act early so we can help you as soon as possible.

    • Need more time? You can:
      • lodge online – you may be eligible for two extra weeks to lodge and pay
      • set up an instalment payment plan
      • prepay using BPAY®, credit or debit card.
    • Made a mistake? Revise or fix the mistake on your next activity statement.
    • Waiting for a refund? Ensure your lodgments are up to date.

    Remember, registered tax agents and BAS agents can help you.

    Next step:

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