GST

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Simpler BAS for Restaurant Bookkeeping

By | 2017-07-26T03:50:22+00:00 July 4th, 2017|Categories: ATO, BAS, GST, Ideas|Tags: , , |

Running a restaurant is as easy as juggling a dozen fry pans greased with butter - on the handle! Probably not our best joke, but neither is spending time preparing BAS reports for the ATO. Fortunately, the Australian Taxation Office (ATO) understands that small business owners need simpler compliance processes. From 1 July 2017, restaurant and [...]

What Are BAS and GST?

By | 2017-07-31T01:31:25+00:00 July 4th, 2017|Categories: ATO, BAS, GST, Ideas, Payroll|Tags: , , , |

Opening a new restaurant or cafe? Then you need to understand your business tax and reporting obligations. BAS Definition for Restaurant Bookkeeping BAS stands for Business Activity Statement. Business owners such as restaurateurs must submit this form to the ATO (Australian Taxation Office) to report their GST (Goods & Services Tax) and PAYG (Pay As [...]