BAS and Jobkeeper

Most of the businesses use their business activity statement to check their eligibility criteria. But it depends on actual GST turnover of the company.

However, as the BAS deadlines are different it means that not generally due until the month after the end of the quarter. To check your eligibility criteria and requirement, you need to assess in advance of the deadlines of BAS reporting. So ATO can check wage conditions and eligibility for company’s employees.

In addition, the ATO may extend the time period so companies can pay their employees.

Alternative options are available for businesses and not-for-profit organizations who are not required to lodged BAS if the entity is a member of a GST group.

Alternative tests

Some businesses who is not to compare actual turnover in a quarter in 2020 with the quarter of 2019 have alternative options to test eligibility.

The Commissioner of taxation has authority to provide alternative options for basic tests.