Businesses registered for GST in Australia must lodge a Business Activity Statement (BAS) either monthly or quarterly. Accurate BAS record keeping is essential to ensure your GST reporting is correct and compliant with Australian Taxation Office (ATO) requirements.
Maintaining organised records throughout the quarter makes BAS preparation easier and helps avoid errors when lodging your statement.
What Records Do Businesses Need to Keep for BAS?
The ATO requires businesses to keep records that support the figures reported in their BAS.
Key records include:
• Tax invoices for sales and purchases
• Receipts and proof of business expenses
• Records of GST collected and GST paid
• Bank statements and accounting reports
• Payroll and employee payment records
• Documentation supporting BAS adjustments
Keeping these records organised throughout the reporting period helps ensure your BAS lodgement is accurate and compliant with GST rules.
For detailed guidance, you can read the ATO BAS record-keeping advice HERE
BAS Lodgement Dates for Pisani Group Clients
Businesses that lodge their BAS through Pisani Group as their registered tax agent may benefit from extended lodgement deadlines.
| BAS Period | ATO Due Date | Pisani Group Lodgement Date |
|---|---|---|
| July – September | 28 October | 25 November |
| October – December | 28 February | 28 February |
| January – March | 28 April | 26 May |
| April – June | 28 July | 25 August |
To allow sufficient time for preparation and review, we recommend providing your BAS information at least three weeks before the Pisani Group due date.
If you need help preparing or lodging your BAS, the Pisani Group team can assist with ensuring your business remains compliant with ATO requirements.
Need Help with BAS?
Pisani Group supports Australian businesses with BAS preparation, GST reporting and tax compliance. If you need assistance with your BAS, our team can help ensure your lodgement is accurate and on time.
