Penalties The tax law provides for these ‘administrative’ penalties which are able to be issued directly, but there are also civil and criminal penalties that are imposed by the courts. One comfort is that the system of penalties is fairly…
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Lodging your BAS

BAS: Monthly or Quarterly? Businesses have to lodge a business activity statement (BAS) monthly, quarterly or annually. How often you lodge depends on the size of your business (with reference to the various areas of taxation covered by the BAS,…
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