Understanding Activity Statements and How Tax Refund On Spot Can Help

If you’re a business owner or contractor in Australia, you may be required to lodge an Activity Statement with the Australian Taxation Office (ATO). Understanding what an Activity Statement is and how it impacts your tax obligations is essential for staying compliant and maximizing your tax benefits. At Tax Refund On Spot, we specialize in helping businesses and individuals navigate their tax obligations efficiently.

Kindly register on our website for more information

What Is an Activity Statement?

An Activity Statement is a form issued by the ATO that businesses and some individuals use to report and pay various tax obligations. Depending on your situation, you may need to lodge a Business Activity Statement (BAS) or an Instalment Activity Statement (IAS). These statements typically include:

● Goods and Services Tax (GST)
● Pay As You Go (PAYG) withholding tax
● PAYG income tax instalments
● Fringe Benefits Tax (FBT) instalments
● Fuel tax credits and other obligations

For more details please contact us 1300 768 284.

Who Needs to Lodge an Activity Statement?

If you are registered for GST, you are required to lodge a BAS, usually on a quarterly basis. If you are not registered for GST but need to pay PAYG instalments or report withholding tax, you may be required to submit an IAS.

Failing to lodge your BAS or IAS on time can result in penalties and interest charges from the ATO, making it crucial to stay on top of your reporting obligations

Register and lodge with us! We are located in Blacktown, Sydney!

How Tax Refund On Spot Can Assist You

At Tax Refund On Spot, we provide expert tax services to ensure your Activity Statements are lodged accurately and on time. Here’s how we can help:

1. BAS and IAS Preparation and Lodgment
We handle all aspects of BAS and IAS preparation, ensuring compliance with ATO regulations while maximizing potential tax credits and deductions.

2. GST and PAYG Calculations
Our qualified accountants accurately calculate your GST liabilities and PAYG instalments, preventing underpayments or overpayments that could affect your cash flow.

Send queries via email and an accountant will call you.

3. ATO Compliance and Advice
We provide expert advice on meeting ATO requirements and staying compliant, reducing the risk of audits and penalties.

4. Maximizing Tax Refunds and Deductions
Our team ensures that you claim all eligible tax deductions and credits, helping you minimize tax liabilities and maximize your refund.

Tax Refund On Spot will assist you all throughout the process call 1300 768 284 now!.

5. Support for Small Businesses and Contractors
We assist businesses of all sizes, including sole traders, Uber and rideshare drivers, and contractors, ensuring their tax obligations are met with ease.

Highly qualified accounting team will check your Tax return Twice

Lodge Your Activity Statement With Confidence

Navigating tax obligations doesn’t have to be stressful. With Tax Refund On Spot, you get professional assistance tailored to your business needs. Whether you need help with BAS lodgment, GST calculations, or general tax advice, we are here to support you.

Don’t risk late lodgment penalties or missed deductions—contact Tax Refund On Spot today and let us handle your Activity Statement with accuracy and efficiency!

📞 Call Us: 1300 768 284
📧 Email: enquiry@taxrefundonspot.com.au
🌐 Website: www.taxrefundonspot.com.au