|BUSINESS ACTIVITY STATEMENTS
the new tax system, businesses and other enterprises can report most of
their tax obligations and entitlements on a new form called the
Business Activity Statement. For most businesses, this reduces the
number of times they have to report to the Australian Taxation Office.
We can assist even further by simplifying your accounting system for
stand for the Goods and Servies tax implemented by the current
government. The term taxable supplies is widely defined to include most
supplies (goods, services and anything else) you make. A supply is not
a taxable supply if it is GST-free or input taxed.
Australian Taxation Office
Business Review Weekly
Australian Financial Review
Australian Stock Exchange