
How To Make Your Business More Efficient
How often have you been late sending in your Business or Instalment Activity Statement to the ATO? It is the last thing you want to think about when running a business, doing the hard yards on the farm or when on a holiday and having a few drinks. Once you have processed all transactions in your cashbook and filled out your paper BAS, you then need to package it up and go to the nearest post box to send it off to the ATO – but what if the BAS is lost or even in a few instances I have seen, the ATO take the payment but doesn’t process the BAS? These are annoying circumstances; however they can be avoided. There is an ATO online system called the Business Portal…