GOODS AND SERVICES TAX (GST)
The Goods and Services Tax better known as the GST has been in force
in Australia since July, 2000.
The most important factor affecting a majority of the populace has
been GST Compliance. We are all getting used to the habit of
submitting Business Activity Statements (BAS) on a quarterly basis.
The new system is binding on clients to maintain books meticulously
so as to complete the BAS satisfactorily. The BAS itself can be
quite a complex activity depending on the nature of the business the
taxpayer is involved in.
We have acclimatised very quickly to the challenges imposed by the
new tax system as evinced by our record of doing nearly 140 BAS on
an average every quarter since the inception of the new tax system.
Also see Book Keeping Courses
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