The tax office has added information about “Simpler BAS” recently. But is it actually simpler? The only thing simpler about the BAS is the fact that there are fewer fields to be filled out by small business owners. It’s still necessary to determine whether or not each transaction has GST.
The ATO is also still insisting that Agents gain signatures from our clients for each and every BAS or IAS lodgement. However, we have recently introduced at Effective Services the ability to apply a digital signature. Once set up, it’s simple to do online and send back documents in a flash. Ask us about this if you are tired of signing and scanning back documents!