Our Services:

BAS Accounting

Learn More

BAS Accounting Services

At Torch Corporate, we understand the importance of accurate and timely Business Activity Statement (BAS) lodgments for your business success. Our expert BAS accounting services are designed to save you time, reduce stress, and ensure compliance with Australian Tax Office (ATO) requirements.

What is BAS?

A Business Activity Statement (BAS) is a form lodged with the ATO to report and pay various tax obligations, including:

  • Goods and Services Tax (GST)

  • Pay As You Go (PAYG) withholding

  • PAYG instalments

  • Other taxes

Our BAS Accounting Services:

Comprehensive BAS Management

  • Preparation and lodgment of BAS returns
  • Accurate reporting of GST, PAYG, and other taxes
  • Bookkeeping and record-keeping for BAS compliance
  • Calculation of superannuation guarantee amounts
  • Completion and lodgment of Taxable Payments Annual Reports

Expert Advice and Support

  • Guidance on GST obligations and entitlements
  • Strategic tax planning to maximize deductions and minimize obligations
  • Representation in dealings with the ATO regarding BAS matters

Tailored Solutions

We offer flexible service packages to meet your specific needs, whether you require:

  • Monthly, quarterly, or annual BAS lodgments
  • Full bookkeeping services
  • Ad-hoc BAS assistance

Why Choose Torch Corporate for BAS Accounting?

 

Expertise

Our team of registered BAS agents has extensive experience and qualifications in Australian tax law and accounting practices.

Time-Saving

Focus on growing your business while we handle the complexities of BAS reporting.

Compliance Assurance

Stay up-to-date with the latest ATO regulations and avoid penalties for non-compliance.

Financial Insights

Gain valuable insights from accurate financial data to improve your business decision-making.

Peace of Mind

Rest easy knowing your BAS obligations are handled professionally and punctually.

Personalized Service

We tailor our approach to meet the unique needs of your business, ensuring you receive the most relevant and effective BAS accounting support.

Advanced Technology

Benefit from our use of cutting-edge accounting software and secure digital platforms for efficient and accurate BAS processing.

Proactive Approach

We don't just report on past activities; we help you plan for future tax obligations and identify potential areas for tax optimization.

Who Needs BAS Services?

  • Businesses with a gross income of $75,000 or more (excluding GST) must register for GST and lodge a BAS
  • Any business registered for GST is required to lodge a BAS
  • The ATO will advise you when you need to lodge your BAS after registering for an ABN and GST

Don’t let BAS become a burden on your business. Contact Torch Corporate today to discuss how our BAS accounting services can benefit you.

Contact us today!