Outstanding Returns, BAS or IAS?

We cannot stress the importance of keeping your lodgement requirements up to date enough.

It is compulsory to lodge your individual tax returns each year and if you have a business or related entities you have to also make sure all requirements for GST and Pay As You Go withholding tax are also up to date.

We encourage our clients to communicate with us if there is an existing difficulty collating the documents so we can assist them in getting an extension or helping them organize the information for us to process the returns or any other forms.

If you or someone you know has outstanding returns, don’t hesitate to contact us for assistance. The sooner the better! The ATO never forgets about an un-lodged form or return and if you leave it in the forgotten corner, the costs attached to this will grow with interests and penalties each year.

Our team of experience accountants are here to help.