This is a Business Activity Statement (BAS) form that needs to be completed by businesses to report their GST and PAYG tax obligations. The form has three options to choose from, and the instructions need to be followed carefully to avoid any errors. Desklib provides step-by-step instructions and tips to complete the form accurately.
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METHODS OF PAYMENT BPAY® Contact your financial institution to make this payment from your cheque or savings account. You will need the details listed below. Biller Code: 75556 Reference:Your EFT code(shown on the front of your payment slip directly above the barcode) Credit card Payments can be made online or by phone, visit our website atato.gov.au/howtopayor phone1300 898 089. A card‑payment fee applies. Other payment options For more information about other payment options, you can: nvisit our website atato.gov.au/howtopay nphone us on1800 815 886. Payments cannot be made in person at any of our branches or shopfronts. A When completing this form: nprint clearly using a black pen nround down to whole dollars (do not show cents) nif reporting a zero amount, print ‘0’ (do not use NIL) nleave boxes blank if not applicable (do not use N/A, NIL) ndonotreportnegativefiguresorusesymbolssuchas+,−, /, $. Office use only Form due on ABN Document ID Payment due on Business activity statement Contact phone number Authorised contact person who completed the form GST accounting method Complete Option 1 OR 2 OR 3 (indicate one choice with an X) Goods and services tax (GST) NAT 4189-03.2014[JS 29398] Option 2: Calculate GST quarterly and report annua Option 3: Pay GST instalmentamount quarterly Does the amount shown at G1 include GST? (indicate withX)YesNo Reason code for variationG24 OR OR OR if varying this amount, complete G22, G23, G24 Report GST on sales at 1A and GST on purchases at 1B in the Summary section over the page Write the G21 amount at 1A in the Summary section ov (leave 1B blank) Write the G23 amount at 1A in the Summary section ov (leave 1B blank) G21$ Option 1: Calculate GST and report quarterly Report GST on sales at 1A and GST on purchases at 1B in the Summary section over the page Total sales (G1 requires 1A completed)G1$,,.00 Does the amount shown at G1 include GST? (indicate withX)YesNo Export salesG2$,,.00 Other GST-free salesG3$,,.00 Capital purchasesG10$,,.00 Non-capital purchasesG11$,,.00 Total sales (G1 requires 1A completed)G1$,,.00 Estimated net GST for the year G22$,,.00 Varied amount payable for the quarterG23$,,.00 41890314 X 157298
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OR Payment or refund? Is 8A more than 8B? (indicate withX) PAYG income tax instalment PAYG tax withheld GST on sales or GST instalment Credit from PAYG income tax instalment variation GST on purchases Deferred company/fund instalment 1A + 4 + 5A + 71B + 5B Amounts you owe the ATOAmounts the ATO owes you Summary PAYG tax withheld 1A$ 4$ 5A$ 7$ 8A$ 1B$ 5B$ 8B$ PAYG income tax instalment OR Option 2: Calculate PAYG instalment using income t Option 1: Pay a PAYG instalment amount quarterly Reason code for variationT4 T7$ New varied rateT3.% Reason code for variationT4 T2% Do not complete 1B if using GST instalment amount (Option Write the T7 amount at 5A in the Summary section belo OR if varying this amount, complete T8, T9, T4 Write the T9 amount at 5A in the Summary section belo Write the T11 amount at 5A in the Summary section be Write the W5 amount at 4 in the Summary section below Complete Option 1 OR 2(indicate one choice withX) then write the result of8A minus 8Bat 9.This amount is payable to the ATO. then write the result of8B minus 8Aat 9.This amount is refundable to you(or offset against any other tax debt you have). Yes, No, Your payment or refund amount Do not use symbols such as +, –, /, $ 9$ Taxation laws authorise the ATO to collect information including personal information about individuals who may complete this form. For in personal information go toato.gov.au/privacy. Activity statement instructions are available fromato.gov.auor can be ordered by phonin Total salary, wages and other paymentsW1$,,.00 Amount withheld from payments shown at W1 W2$,,.00 Amount withheld where no ABN is quotedW4$,,.00 Other amounts withheld (excluding any amount shown at W2 or W4) W3$,,.00 W5$ Total amounts withheld (W2 + W4 + W3),,.00 Estimated tax for the yearT8$,,.00 T9$ Varied amount payable for the quarter,,.00 PAYG instalment incomeT1$,,.00 T1 x T2 (or x T3)T11$,,.00 ,,.00 ,,.00 ,,.00 ,,.00 ,,.00 ,,.00 ,,.00 ,,.00 ,,.00 Return this completed form toDeclarationI declare that the information given on this form is true and correct, and that I am authorised to make this declaration. The tax invoice requirements have been met. SignatureDate// Estimate the time taken to compl this form. Include the time taken collect any information. HRSMINS Reason for varying (G24 & T4)CodeObligation Change in investments21PAYG only Current business structure not continuing22GST & PAYG Significant change in trading conditions23GST & PAYG Internal business restructure24GST & PAYG Change in legislation or product mix25GST & PAYG Financial market changes26GST & PAYG Use of income tax losses27PAYG only 6 6 2 3 5 16790 176540X 66235 66235 14299 66235 2973 x 11326