Activity statements topics

Buying stock from a non-GST registered business and selling as a GST registered business

Amy020 — Tue, 25 Feb 2020 06:27:53 GMT

I am a small business registered for GST. I purchase most of my stock (used vehicles) from a non-GST registered business. When I sell the vehicle the purchase price includes GST.

How would I represent this information in a BAS Statement?

Thank you.

RAM Setup

Shagrad — Mon, 24 Feb 2020 21:00:39 GMT

I am trying to link my business in the RAM setup and all it does is direct me to a blank screen with the address https://poro.ato.gov.au/poro/ with nowhere to link my business. There are three options in the top bar ... Business Portal,Tax Agent portal and BAS Service provider Portal but going into these just takes me to the old method of login.

RAM Setup Error Code

Lucia — Sun, 23 Feb 2020 23:58:43 GMT

Hi,

I have been trying to accept some authorisation request via the "authorisationmanager.gov.au" website as instruced in my RAM Austhorisation Code email from our managing director, but keep geting the following error code: The details you used to establish your digital identity do not match those provided in this authorisation request. Contact the person who authorised you. Error code: REB.BR.0047. But I am sure that my details are all correct. BTW, my identity strength is Basic. Is this is the reason why I got that error code? Also, I don't have any Australian Identity Document that meet requirements to set up my standard myGovID, any other documents that I can use? Such as my passport or my Photo ID?

Thanks for your help in advance.

Regards,

Lucia

Joint Operations & Significant Global Entity Status for Tax Purposes

GregoryC — Fri, 21 Feb 2020 00:32:28 GMT

Hi,

When operating in a Joint Operation, does the Joint Operation become a Significant Global Entity if one of the members is an SGE?

MyGovID

JackieColes — Tue, 18 Feb 2020 01:19:10 GMT

I work for a small charity and we currently lodge our BAS return monthly using the ATO portal and AUSkey. I understand we need to migrate to the new system using MyGovID. I have tried to download this on my personal phone but the operating system appears out of date and I'm unable to download the app. Our charity does not provide business mobiles we can't afford that expense. I have a laptop at work. I have spoken to someone at the ATO about what we do but no solution was forthcoming I just kept being told I needed to register for MyGovID and that my phone needed to be compatible with Andriod 7 or above. My phone currently uses Android 6.0.1.

For April 2020 onwards how do you suggest I complete our company BAS return? Please provide a workable solution and do not merely tell me I need to install MyGovID on a mobile that has compatible operating system.

GST on purchase and sale of truck

Trudy — Fri, 14 Feb 2020 13:25:58 GMT

We purchased an old truck from a non registered seller and was told by accountant we couldn’t claim GST on that purchase. Do we have to pay GST on sale of it? We are registered for GST

Adding BAS Clients to new RAM

KSTURM — Thu, 13 Feb 2020 05:11:10 GMT

Hello,

I have myGovID logged into new RAM system but can only add my own business to my profile but I am a registered BAS Agent who has an AUSKEY with access to my clients lodgements. How do I add my clients to my profile.

thank you

GST Registration

KeithM — Fri, 07 Feb 2020 22:08:54 GMT

I have a small retail/online business. Although i have have always had an ABN, i havent been registered for GST due to my turnover being below the $75k threshold. This year the business has picked up well and quickly and will exceed the threshold. Will i need to backdate my GST registration to the start of the fiscal year or can i just start from halfway through such as the 1st of january when it became evident we would exceed the threshold due to recieving some large orders?

Cheers

Notification from ATO re being in credit

MJP — Thu, 06 Feb 2020 01:30:50 GMT

Does the ATO have a system regarding notifying me when I am in credit with my ATO income tax account? I have just realised from looking via MyGov, that I have been significantly in credit for the last 9 months,but ATO have continued sending me bills for PAYG instalments. Of course I kept paying these bills because I didn't realise I was so far in credit. Does my accountant receive this notification or me direct?

Backdated

KC2303 — Tue, 04 Feb 2020 10:47:13 GMT

I received a letter saying that the ATO has backdated my GST registration as asked by me. This was not the case and has sent me 3 Months of BAS to fill out dated March to May 2013. What is the time limit for asking for this information? This is the first time I have received anything about this. It is almost 7 years later and our partnership has since been dissolved. What are my rights? Thank you

Activity statement not showing in Business Portal

luvtolearn — Mon, 03 Feb 2020 09:27:03 GMT

Hi, i recently began a new business (abn) last month. The creation date was the 15/1 or the ABN with GST on monthly frequency.

I have now logged in to submit my BAS electronically but it is not in the business portal.

from what I have read quote

You can find the date we generate activity statements  for each
quarter on our website. Statements are issued electronically and 
generally received within 3 to 4  days from the generation date.

the monthly schedule is the 13th of every month to generate. So I have missed Jan generaiton date? (because i reg'd on 15/1) Or will it be generated with Febs activity statement?

myGovID App - not supported by my version of Android

Jprop — Sun, 02 Feb 2020 02:24:10 GMT

I understand that my access to be able to lodge Activity Statements via AUSkey will be removed from March 2020. I have attempted to download the ATO's myGovID App from the Android App store but my phone is relatively old and will not update beyond Android 6.0. The ATO site advised that the myGovID App will only work on Android 7.0 and above. What are my options if I can not download the myGovID App. I don't really want to have to buy a new phone because the existing one works fine and I am happy with it. And I do not want to have to go our and buy a new cheap phone just so I can log in to the myGovID App.

RAM setup error code - REB.BR.0604

brophyd — Thu, 30 Jan 2020 04:11:03 GMT

I have been trying to accept some authorisation requests via the 'authorisationmanager.gov.au' website as instructed in my RAM Authorisation Code email received from some of my clients, but keep getting the following error code message for each of the three businesses I'm trying to register with -

"Unable to complete your request. Check the name and code details from your email (code is case sensitive). If the details are correct and you are still getting this error, contact your authorising representative. Error code: REB.BR.0604"

I have successfully set up another client and have been following the same process with these three, but it's just not working. I still have two more clients to complete so I really need some help in getting these done.

Thank you in advance.

ANY DEFERRAL GRANTED FOR THE LODGEMENT OF (OCT-Dec 2019) FOR BUSH FIRE AFFECTED AREA

RATROUT — Tue, 28 Jan 2020 03:58:45 GMT

Quarterly statements

attesam777 — Sun, 26 Jan 2020 10:07:18 GMT

Hi!
I am lodging monthly statement perfectly..but facing trouble in lodging quarterly statements..like October and November monthly and in December I have to file quarterly statement..so my question is how to choose figures..I am using Xero Accounting software.
Please help me out.

GST and duty deducted by logistics services

attesam777 — Sun, 26 Jan 2020 09:58:50 GMT

Hi!
I have Imported goods from China. And logistics company charges which has a breakup showing duty,gst,and other charges..can I claim that refund of GST paid in Activity statements?
Moreover,, please tell me way to lodge quarterly statements? I know to monthly one,,but facing difficult in quarterly lodgement..how to get accurate figures for quarterly statements.
Thanks so much.

RAM set up failed

vinkob — Sun, 26 Jan 2020 00:32:10 GMT

I keep getting this error code when setting up RAM:

Is the authorisation code the same code used when setting up myGovID? I have only received that authorisation code and it's not working when trying to set up RAM.

Help

it3sha — Thu, 23 Jan 2020 16:48:22 GMT

I have a letter from Centrelink online saying I have tax sitting there to be collected but how

Capital Purchase -Project cost

Jane2020 — Wed, 22 Jan 2020 00:14:15 GMT

when a business purchases equipment or buildings, we need to report the purchases in capital purchase G10. however, when a business develop its own buidlings via a project, there are many types of expenditures apart from the builder's cost. For example, architect fees, consultant fees and project manger's direct cost...etc. should we report these cost in Capital purchase G10? many thanks!

Estimate of PAYG instalments

Nicholas1 — Tue, 21 Jan 2020 07:57:10 GMT

I recently received a refund of $13,000 based on an updated estimate of my income for this financial year.

I am a little concerned that when it is reviewed at the end of the financial year that the ATO will say my calculations were wrong with respect to the amounts I over paid in previous PAYG Income Tax instalments and that i will receive a tax debt.

Is there any way of having the ATO review it without having to make a time consuming phone call to the ATO?

The difficulty is that re-estimating PAYG instalments can be complicated and I have found that the staff that take the calls are not able to assist.

PAYG Instalment Variation

Nicholas1 — Wed, 15 Jan 2020 09:42:01 GMT

I have been paying too much PAYG Income tax since 2017/18 which was a very good year for revenue. on 2 Jan i lodged my activity statement with a variation based on an estimate for 19/20 and it says "refund processing" but that was now 14 days ago tomorrow. Can i expect the refund to be in my account tomorrow?

E-Lodge an activity statement from QuickBooks

MPEDU — Wed, 15 Jan 2020 07:21:02 GMT

Hi ATO,

When I E-Lodge 2019/2020 second quarter activity statement from QuickBooks, I am getting error messge "We can't e-lodge this activity statement, as one or more obligations in your settings don't match what the ATO has on record for you. You may still 'Mark As Lodged' until you fix that". The only amount that I key in is "Income tax instalment amount" which I get it from Q1 BAS "$959.00 Based on the notional tax $3,654,46 from the 2018 assessment". The rest figure is handled by QuickBooks itself. How could I get this issue resolved?

PAYG ... BAS

cccmorwell — Wed, 15 Jan 2020 07:05:56 GMT

We PAYG with every pay, however, when I go to lodge my BAS, it says I owe the ATO, when I don't. What does this mean?

Auskey being replaced by myGovID and RAM

vivienne — Mon, 13 Jan 2020 15:51:01 GMT

I'm sorry as I am not sure if I am posting on the correct site. We are a UK based company and registered for GST back in 2012. We nominated a 'Public Officer' who needed to be an Australian resident and be able to provide Australian ID. However, I file the GST every quarter using the ATO portal here in the UK. With the AUSkey being replaced in March, I expect our 'Public Officer' now needs to add me as a user and as I obviously have no Australian ID, is this possible? I have read about a 'basic' user but not sure if this is correct? He has set up a myGovID to share his ID documents again. I did try and set up myGovID on my phone but get a system error code of UNK000001 so unsure if I am doing this correctly.

Anyway, if there is anyone who can help me to carry on filing the GST every quarter it would be much appreciated! Again,if I should be using a different website to post this, please let me know?

Many thanks - Viv

Activity statement finalised but not showing in summary.

Crumech — Sat, 11 Jan 2020 00:27:33 GMT

Hi all, just before Christmas I lodged bas and it was showing as processing until the new year then it said finalised that was last Sunday. I have checked the summary and it’s not on there so no processed or effective dates. I also have a friend who has a business and they did a revision of there bas a few days ago and same thing it says it’s finalised but not in there summary is this an issue that has happened with the updates or is it something else? I am expecting a refund and it’s normally done within a few days if it being finalised this has been weeks.

Future effective date for previous BAS lodged and now most recent BAS lodged does not appear in a/c

David1971 — Fri, 10 Jan 2020 13:29:27 GMT

Hi I lodged my Sep 19 BAS early in Oct 2019.

Ordinarily, the entry for "Original Activity Statement for the period xxxx" has the same effective date as the other items in the statement (eg PAYG withholding and PAYG Instalments and so on). However for the Sep 19 BAS, the effective date was recorded as 21/1/2020, rather than 11/11/2019 for the other entries. Is this normal? I note that I have lodged the Dec 19 BAS and it is recorded as processed on the Activity Statements page but it does not appear at all in the integrated client account. Could this be from the Sep 19 BAS having an effective date that has yet to pass?

Transition of Integrated Client Accounts to New System

AaronD — Fri, 10 Jan 2020 00:43:57 GMT

ATO - although you are responsive to the communities queries, your responses are not helpful.

Example:

We've just been looking into this with our Business Portal team.

Our system upgrades over the Christmas period were substantial changes, and whilst they were successfully deployed, some clients may not see 'live' info on their online services for a few days yet. Info is being aligned as we write this, and accounts should reflect updates this week.

You don't need to take time out of your day to call us about this at the moment. If you don't see the info updated after this coming weekend, then you may need to get in contact with us.

It will helpful if you informed the community exactly when the problem will be resolved and what you plan on doing to fast track taxpayers GST refunds for the December 2019 quarter.

The 12 business day service standard is inapporopriate to be applicable in this instance as the ATO have forced the systems to not update activity statement information whilst you resolve your system upgrade issues. This self inflicted ATO issue is a huge disruption to taxpayers and the ATO needs to see it from their perspective. The ATO owes the public and explanation as to why this occurred and why the ATO failed to inform the community in advance of the pending delay into January 2020. The only information given was the upgrade was occuring over the holiday period and the system will be available 2nd January.

My issue today is the ATO is unwilling to be helpful and transparent on the issue and tell not just myself but the whole community when will the problem be resolved.

Business Portal doesn't reflect lodged activity statement

disconnected — Thu, 09 Jan 2020 08:06:27 GMT

Just as a general point, all the ATOs online applications and platforms as a whole form the least user-friendly and reliable applications I've ever had the misfortune to have to use.

I've lodged my Q2 activity statement successfully. I know this to be true as the document has been given a reference by the ATO and I can see the receipt confirmation messages. It is not reflected in the business portal. I raised the question via the messaging platform a week ago but unsurprisingly have no response.

Have others had similar difficulties this quarter?

Payment reference numbers

Burhead — Wed, 08 Jan 2020 22:47:43 GMT

Has the ATO made changes to the payment reference numbers for making payments for BAS and IAS? I have several instances where the payment reference for activity statement accounts has changed in the most recent BAS/IAS. These payment reference numbers have never changed before. People save these numbers in their on-line banking and use them regularly.

Will payment reference numbers be different on all future BAS/IAS? If so, this is a huge step backwards. The ATO have not made any announcement, so clients are unaware they need to check the payment reference.

Unable to download mygovid

VB1 — Tue, 07 Jan 2020 07:26:00 GMT

I have been submitting my BAS online for years. As of March 2020, it must be done with MyGovID. However, I have an iPad 4th generation iPad running IOS 10.3.3 which appears to old to run the App ("Not compatible with this device" when trying to download).

How do I submit my BAS? My iPad works fine. I don't want to have to buy another just to do my BAS.

Any suggestions?

Thanks, in advance.

Access to Business Portal

Chris00 — Mon, 06 Jan 2020 20:41:56 GMT

On 1 January 2020 I was ready to process my SGC payments for December 2019 and to complete my BAS for the quarter ended 31 December 2019. However, when I tried to log in to the Business Portal I got the following message.

"Business Portal under maintenance

The Business Portal is currently undergoing maintenance.

For enquiries about your tax account please refer to the contact guide."

I have tried at least once each day since and am still getting this message every time. According to the System Maintenance page, the portal should be available.

Can someone tell me whether the Business Portal is still closed for access or whether I must have something wrong with my computer or my AUSKey.

business portal

rp57 — Mon, 06 Jan 2020 07:26:50 GMT

is the business portal currently undergoing maintenance. if so when will it be back up & running

Why am I having trouble logging onto the Business portal to Lag a BAS return.

Carlene24 — Sun, 05 Jan 2020 00:43:54 GMT

Help... I have been trying to log onto the Business Portal to complete our December BAS return on line but it keep coming up as under maintenance but it is now past the completion date of upgrade but still connot get on the site.

Is anyone else having trouble with this.

Mygov ID not responding on any device

Tanya87 — Sat, 04 Jan 2020 22:55:09 GMT

Hi, I recently received an email from the ATO saying my online activity statment was now available to access - despite only ever completing paper forms and never opting to lodge online. Three days later I received another email informing me about the change to using Mygov ID to access the business portal.

My husband and I successfully managed to set up our Mygov IDs and we have linked access to our business via RAM. Since doing this however, I have been unable to access the business portal using the Mygov ID. The app will not load on my husband's phone or my phone and when we attempt to sign into the business portal on the computer using the Mygov ID, the sign in page does not respond and times out, no matter what browser we use. This has been happening for the past two days.

Is there a problem with the Mygov ID app? Why is it not loading on ANY device so we can log in and complete our BAS?

BAS

ellioz35 — Fri, 03 Jan 2020 09:23:28 GMT

If I pay my my BAS amount due to ATO by internet banking, am I able to send the Bas Activity Statement seperately by mail?

What does Finalised status mean?

Lily72 — Fri, 03 Jan 2020 06:32:50 GMT

Hi,

I have just lodged my quarterly activity statement for Oct-Dec 2019 via My Gov account. In the Activity Statement lodgement History, the status is "FINALISED", however in the Tax Account, there is no Processed Date and Effective Date, is this a new thing since the system upgrade?

Previously, as soon as I have lodged it, the Processed Date and Effective Date appears almost immediately or at least within 1 business day. Can someone please provide some clarification? I am going overseas shortly and I need to know the status of my lodgement before I leave as I will not have data access where I am going.

Thank you for your help.

GST Cash basis

sherlynneoh — Thu, 02 Jan 2020 04:52:16 GMT

Hi,

My company registered GST on cash basis.

For my gst credit, should I claim when I wrote a cheque for the expenses or should I claim once the cheque has cleared from my bank. Sometimes my supplier only banked in the cheque I wrote to him after two month.

Please help.

Thank you.

GST- BAS

Gani — Sat, 28 Dec 2019 22:51:52 GMT

Hi there,

I have registered for GST and lodging BAS since GST registered but haven't claim any GST credit because my business not up running yet. but i paid money for the setting up my business include GST at end of 2017. can i claim the GST credit for that money i paid before my business start ?

i think, we can claim GST within 4 years’ time?

if yes, do i need to lodge the any special BAS ?

Thanks,

Gani

Thanks.

PAYG Instalment query

goligosh — Fri, 20 Dec 2019 10:58:05 GMT

Hi,

I understand that the ATO is no longer sending out quarterly PAYG instalment notices.

I do not appear to be able to PRINT out my instalment notice with the amount owing each quarter

from the MyGov site.

Can you please tell me how to PRINT out my instalment notice. I need a PRINT out of the notice for

filing and for my payment process.

Thanks

Registration for GST for work done as PSI overseas.

Travel — Wed, 18 Dec 2019 07:27:26 GMT

An Australian Resident has signed a 2 year contract to repair bikes in the various professional bike road races throughout the world. He is paid as a contractor by an overseas company in Euros into an overseas bank account. He works throughout the year to the end of November in Europe and when the european bike circuit ends, he comes back to Australia for the summer bike season. The contract requires that he lives in Italy, although he may ony be in Italy a few days a month in between bike races and events. I have taken the view, the under the terms of the contract the income received is PSI and not business income. When the Euros have been converted back to $AUS they amount to just over $75,000. Of course, each year, this $aus amount will fluctuate in line with the Euros exchange rate. My question is - as an Australian Resident Taxpayer - is he carrying on an enterprise or business in Australia that requires him to be registered for an ABN and for GST - even though while working he is based in Italy and the supply will be GST free for work performed in Europe.

How do we get a copy of our quarterly BAS form sent to us again by mail?

danhendo888 — Tue, 17 Dec 2019 23:16:50 GMT

We didn't receive copy of the BAS form for the Oct to Dec quarter.

Access login to ATO activity statement

Rilora — Mon, 16 Dec 2019 07:27:06 GMT

Hi I am based in overseas and managing Australia’s account, would like to check on how can I have an access to view and to lodge the ATO activity statement? Thank you in advance.

GST on Antiques & Second Hand Goods

Sophie2019 — Thu, 12 Dec 2019 03:41:24 GMT

Can anyone tell me if invoices for the sale of antique or second hand goods should always include GST?

We are purchasing several second hand and antique items (not from charities) and although the businesses are usually GST registered they often mark the items as GST free, whereas others include GST. Which is correct or does it depend?

Thanks

Sophie

Claim Fuel GST

bayfm — Tue, 10 Dec 2019 05:18:40 GMT

Hey all,

I am a sole trader and need car to travel between jobs. When I claim GST on fuel, would a bank statement be OK, or do I need to keep the reciepts? - I have misplaced a few...

Thanks

Bayfm

BAS - G10 & G11 not visible

Emmalee — Tue, 10 Dec 2019 04:41:30 GMT

I need to be able to claim back Input tax credits on improted goods but G10 & G11 are not visible on my Activity Statement when I look on the portal.

How do I claim but the credits without this?

Thank you

September 2019 Activity Statement payment due date

FigtreeKylie — Thu, 05 Dec 2019 00:24:07 GMT

It has come to our attention, as a tax agent for many clients, that for some the payment due date for the September BAS is not until 20th January, 2020. Is anyone able to answer why this is the case for some and not others?

Fuel expense for business

TH19 — Wed, 04 Dec 2019 04:16:13 GMT

Hi, if GST credit is claimed for fuel expense when preparing BAS, is it possible to claim an addition of fuel tax credit as well? Thanks

BAS lodgements

Debo — Sun, 24 Nov 2019 03:03:47 GMT

I'm an international student and I work limited hours as an Uber driver and registered in GST. Although my income is less than $75000 should I send a quarterly income report (BAS lodgements) to ATO?

BAS HELP NEEDED EROR CODE WHYHWYWHY

Stella123 — Sun, 24 Nov 2019 04:14:29 GMT

Hi
While completing quaterly Activity Statement we noticed a worksheet attached completed the worksheet, when transfering the values to complete the activity statement we keep getting the same error message to quote as follows:
FIX THE FOLLOWING ERRORS:
You report option 3 but provided a value for 1B
AND
THE NET AMOUT DOES NOT MATCH OUR CALCULATED NET AMOUNT
We have reset the worksheet thinking it was that completed it again still same error
has someone come across this before
PLEASE help
 

Final Notice Letter

nicpenne — Fri, 22 Nov 2019 23:30:08 GMT

Hi All,

My 'old' accountant just sent me a final notice for lodgement of ALL 2019 Activity statements - which firstly I was told had been changed to annual and secondly was advised that they had been lodged, third they were supposed to have also changed the connact address to my home not their PO Box. Beside the point I am now in panic mode as the letter was dated the 12th November it is now 23rd and he says if i dont sort this within a fortnight of the letter being posted further action will be taken. Of course I am sent the letter on the weekend when neither my new accountant nor the ATO are available for me to resolve this.

My question is: if others have experienced this letter before how much time before action is taken - will I be able to have until Monday to fix this or is it to late? will the ATO have already started action? Thank you in Advance

2 month lodgement and payment deferral for bushfire victims in NSW and QLD

PinkyT — Tue, 19 Nov 2019 03:55:56 GMT

Just wanna check if Sept 2019 BAS has already been lodged by the tax agent before the due date, will payment for this BAS return is due by 25 Nov 2019 or 28 Jan 2020. (for bushfire victims)

To be eligible for deferred payment due date, do we need to put the lodgement on hold?

https://www.ato.gov.au/Media-centre/Media-releases/ATO-grants-two-month-deferral-for-bushfire-victims-in-New-South-Wales-and-Queensland/

Thanks.

PinkyT

Uber Trip promotions

Jack24 — Tue, 19 Nov 2019 02:48:23 GMT

Does Uber trip promotions subject to GST?

Uber trip promotions are when you drive 3 consecutive trips, Uber pays you bonus money. Is that bonus money subject to GST?

I understand refferals is not subject to GST, but tips are.

BAS

sydTT — Mon, 18 Nov 2019 05:29:28 GMT

https://www.ato.gov.au/Tax-professionals/Prepare-and-lodge/BAS-agent-lodgment-program/

Hi, may I know if we can lodge BAS earlier? For example, from the link, the September will be opened for lodgment on 8th September, can i lodge on 9th September even though the September quarter is yet to finish (30/09/2019)?

Overdue - Quarterly activity statement for a certain period

Tonino — Sun, 17 Nov 2019 23:48:47 GMT

Hi There,

as I need to make a payment for the past Quarterly activity statement ( already discussed and agreed with the ATO agent to be finalised on a specific day), I was wondering: as I am making my employee payments via STP, will all the figures (tax etc) be automatically on my ATO page? or do I need to enter them manually as I used to do it last year?

thanks a lot

Recharge of Salary & Wages - BAS & GST

Cafucati999 — Fri, 15 Nov 2019 00:55:09 GMT

I want to ask we have a company A which pay salary & wages to its employees, it has been reported as W1 in its quarterly IAS.

However, for cash flow purpose, it is recharging the salary & wages to its parent company B as a sale trasaction. Entity is a within the same GST group with its parent entity.

Can I ask the following:

Do we need to include the recharging of salary & wages in G1 in BAS for the company A? and G10 and G3 in company B?

What if company A and company B are not within the same GST group? would GST be applicable when recharging the salary & wages from A to B?

Problem Lodging BAS

ZacXat — Thu, 14 Nov 2019 07:03:45 GMT

Good evening ..... hope your all well. I am haviong trouble loding a BAS on the my gov / Ato site.

After entering all my respective figures and pressing to lodge / submit..... nothing happens, the page stays as it is but does not progress and finalise a figure . If i then re open my BAS lodgements page to check if it lodged........ the lodgementds are not done. Anyone have similar issues?

GST and on charged costs

Missyouyu — Wed, 13 Nov 2019 07:32:45 GMT

Hello,

I have a qustion regarding GST and on charged costs.

Let's say the parent company in a group purchases gift cards/vouchers (which are normally GST free) and then give them to subsidiary companies (for them to use as client incentives/advertising purpose). The parent company is registered for GST.

Should there be GST on top of the cost when the parent company issues invoices to the subsidiary companies.

For example, parent company purchased $1000.00 gift card and then when invoice the subsidiary company, should it be $1,000 GST free or $1,100 inclusive of GST?

Thank you.

GST

Taxpayer1 — Mon, 11 Nov 2019 16:37:33 GMT

A consultant provides services to an australian company that exports fruit. The consultant is GST registered. Does the consultant charge GST on his services for the inspection of fruit for export?

PAYG Instalments quarterly variation

KLV — Fri, 08 Nov 2019 08:10:52 GMT

A sole trader with a quarterly PAYG instalment amount. If I am employed for a short time can I vary the PAYG instalment amount by deducting the PAYGW tax paid by the employer for that quarter? If so, what Reason for variation at T4 do I use please?

Doing BAS - Food Delivering & Ride Share

Madu — Sat, 02 Nov 2019 23:15:18 GMT

I got an ABN and registered in for GST hoping to do ridesharing (Uber & Ola). Now thinking whether to do some food delivery too (Menulog)?

1. Can I do food delivery from the ABN that I started primarily for Rideshare?

2. As per my understanding BAS for GST is only applicable to Ridesharing (if the income is under $75,000). Or should I include transactions from food delivery too?

GST Credits on Creditable Importations

ChrissieP2019 — Fri, 01 Nov 2019 01:51:22 GMT

Hi,

Can you claim GST paid on a Creditable Importation if the overseas suppliers is not registered for Tax in Australia?

I find the information provided in the 2 links a little conflicting.

https://www.ato.gov.au/business/gst/claiming-gst-credits/when-you-can-claim-a-gst-credit/

https://www.ato.gov.au/Business/GST/In-detail/Rules-for-specific-transactions/International-transactions/GST-and-imported-goods/?page=4

Thanks

STP - Paying PAYG tax to the ATO

RobertH — Wed, 30 Oct 2019 05:37:37 GMT

Every payday I tell the ATO how much payg tax has been taken out of our employees' pay via STP. At the end of the quarter I need to do a BAS and give the same information again.

My suggestion is that the ATO prefills this information in for me based on the information I have given it via STP. Then I need only worry about GST in the BAS. This will reduce errors.

I only worked one contract day in the July/Sept BAS Period. What is the min GST amount I can Lodge?

stealth69 — Thu, 24 Oct 2019 00:52:28 GMT

I only worked one contract day in the July/Sept BAS Period. What is the min GST amount I can Lodge?

myGovID

Julia54 — Tue, 22 Oct 2019 10:18:23 GMT

What happens if I do not have access to a phone that runs the operating system you require??? As a small business how then do I submit my BAS????

Concept of zero

karatt — Fri, 18 Oct 2019 05:37:33 GMT

I am registered for the GST and sometimes I get a statement stating that I owe you nothing. Now when I move to the next page, I get asked to pay but I cannot put in zero because zero is not accepted. So I have to put in $1. Now when the ATO had its showcase in Canberra, I did raise the matter and I was told it must be irritating but as far as I know it has not been fixed.

Property development business and GST credits claiming

Missyouyu — Fri, 18 Oct 2019 07:48:40 GMT

Hi, I have a question in regards to GST credits claiming.

A property development business has purchased residential properties with intention to demolish, rebuild and sell. While the development work has not started, the residential properties are rented out. The business has no plan for the development at the moment. So, the business only have input tax sales (rental income, interest income etc.) at this stage. I know that you cannot claim GST on any purchase related to the rental income(i.e. management fees, repair & maintenance etc.). My questions is if the business can claim GST on expenses like accounting fees and other overheads costs (i.e. rent, electricity, telephone expenses for running the office.) ?

Thanks for your help.

Activity Statement 001 debt

Michelle5 — Tue, 15 Oct 2019 10:02:28 GMT

I have somehow ended up with a debt on an activity statement 001. My undertanding is these are generated as an estimated debt. Now I have completed my tax, which included all my income. I was due for a nice tax return. Due to this 'estimated debt', my tax refund has gone towards that, and I somehow still owe money. Now if all my income was included in my tax return, and i was owed money, doesn't that 'estimated debt' become invalid? Its like I'm being taxed twice, with one being on non-existant income.

getting BAS from the ATO on line

sa18 — Wed, 09 Oct 2019 04:40:04 GMT

Will; I find my business and trust activity statements in my personal mygov or do they go somewhere else

Invoices received after GST cancelled

Cutler2012 — Wed, 09 Oct 2019 01:24:01 GMT

I have changed from a sole trader to a Company from 1 July 2018.

As a result my GST registration was cancelled. In July 2018 I received 3 separate payments for works completed with GST in June when still registered.

These amounts are now showing as taxable payments reporting amounts in my tax return with GST.

What do I need to do about the GST as my registration was cancelled when money was received as I report on a cash basis?

Freight Expense vs Freight Cost of Sale

AussieRox — Tue, 08 Oct 2019 01:43:54 GMT

If I buy products overseas the cost of the freight from seller to my warehouse is call Freight-in and allocted as Cost of sale?

The freight I pay to send a product to my customer for a product purchased is expense?

Could you help with this issue, please.

Credit Card Business Purchases

DairyMaid — Fri, 04 Oct 2019 01:52:23 GMT

I am a sole trader and often make purchase on my business credit card for my business.

When I make purchases or pay an invoice for my business via the credit card when can I claim the GST on these transactions? Is it the date the purchase has been made or the date I pay the amount off the credit card?

GST in foreign currency

EC2019 — Fri, 27 Sep 2019 04:45:32 GMT

Hi,

I have a start up business and have registered for GST on cash basis. I invoice customers in USD but quote aud/usd exchange rate per RBA for GST purpose. However I have the following issue.

For example . I invoice client USD 700@0.7 + gst (AUD 1000+100). During the year I received USD 770 and because USD has depreciated I sold them for 990 AUD. When I go with the invoice, my tax payable is (990-100) x 30% income tax + 100gst = 367. If I go with cash received in the bank, my table payable is 900 x 30% income tax + 90gst = 360.

In short in the circumstances where usd is depreciating I would end up paying a lot more tax because of the timing differences.

Looking forward to some options.

REFUND STATUS PROCESSING > 4 WEEKS

donaldan67 — Tue, 24 Sep 2019 21:17:28 GMT

Hi, i have status processing for > 4 weeks for a revised GST return which says it generates a refund. What does this mean as I have received no further letter from the ATO

Kind Regards

ABN Cancellation backdate

Josi — Tue, 24 Sep 2019 00:55:24 GMT

If an ABN is currently showing as active but the business infact ceased 5 years ago can the cancellation be backdated? it is an active ABN on a non-existant business which is incurring BAS fees and interest.

Claiming a Refund of GST Credits included in Business Asset acquired personally by Directors

Dani1 — Mon, 23 Sep 2019 05:53:39 GMT

I have a client who is setting up a new business to be operated under a company structure.

The Directors have had to purchase the business assets (ie Trucks etc) under finance. As the company has only been newly established, the finance company required that the funding be provided to the Directors personally and consequently the assets have had to also be purchased in the names of the Directors, instead of the company.

The Tax Invoices have obviously been issued in the names of the Directors.

My question therefore is ... is there any way the company can claim the GST Credits, seeing as though the vehicles are to be used solely of the business, and the Directors have purchased the assets for and on behalf of the company?

Thanks in advance!

BAS for Food delivery Partner

RahulM — Mon, 23 Sep 2019 01:28:32 GMT

Hi,

During uber driver registration I got my ABN Number and I have registered for GST As well. but after few day uber reply me I can not drive to uber unstead I am eligible to Drive for Uber Eats.

Now For time being I have started to delivered food via Uber eat App.

I have recieve mail from ATO to submit my BAS I am not sure how to submit BAS as I have Delivering Food via ubereats apps. I have recieve payments from uber in which they already deduct their fee and GST as well. Can I submit Nil activity statement for this period.

Please help me on this issue.

Activity Statement 002

Dro — Sun, 15 Sep 2019 08:00:47 GMT

Hi there,

I had a partnership business during the 2017-2018 financial year which we ended and discontinued the ABN on August 2018. We also did our tax return for that financial year.

I have been employed full time at a company since then, and I did my tax return for the financial year 2018-2019 recently. I found that under my tax account, there is an Income Tax 551, and one Activity Statement 002. I have no other sources of income and I am not running any form of business. So whatever tax return I was meant to get for this year, has been taken away for this so called "activity statement" owings. How do I make the ATO understand this and refund me my money? And why is this happening? We already cancelled the ABN on Aug 20th 2018 and we were not registered for GST whatsoever. WHAT DO I DO?

GST - TAXI

Nebaras — Thu, 12 Sep 2019 01:45:37 GMT

I was previously a taxi operator/driver and therefore required to be registered for GST and pay GST from the first $. I have now leased my plates to another operator. The only income my business receives now is the lease fee for the taxi plate. Do I now only have to pay GST if I will earn more than $75K

My wages on the BAS don’t equal the MYOB wages records

Mitch1970 — Mon, 09 Sep 2019 10:26:13 GMT

Could some one please tell me where to look for this error?

My Wages at W1 on my BAS dont match my Payroll Activity Summary in MYOB?

Thanks

Mitch

My tax return will take longer than 30 days

tpowe61 — Thu, 29 Aug 2019 05:46:39 GMT

Hi there,

I have been told my tax return will take longer than 30 days. Assuming I do get a refund I have been told that there's interest calculating daily on the refund amount. Can anyone verify to me if this is true and if so what is the percentage this is calculated on?

Wholesale Traders and sales orders

Debbiesap — Wed, 28 Aug 2019 08:18:47 GMT

We are a small wholesale business whereby we purchase large items of stock which we thereafter on-sell to our clients. We are currently recording our clients requests as a sales order in our system. A 50% deposit is required prior the order and the remaining amount at Point of Delivery.

Seeking some assistance with regards to the following

- When should we we converting this sales order into an actual invoice and thereafter include on our BAS returns. The timelag between the processing our purchase invoice > Receiving the stock > Onselling bulk items to client can take place of over numerous months.

Thank you.

Third Party GST

M1chael — Thu, 22 Aug 2019 06:18:12 GMT

Does anyone know the answer to the following scenario:

Company A subcontracts Company B for Services.

Company B undertakes the services with its staff and resources.

Company B subcontracts Company C to be the funds administrator.

Company B and Company C have an affiliation but have different ABN's and both are registered for GST.

There is an agreement between Company B and Company C for Company C to act as the funds administrator for Compan B.The Primary Employee at Company B also has an appointment with Company C.

As the Funds administrator, Company C invoices company A for services.

Can company C invoice company A on its own letterhead with its ABN and bank account details which is the intent of the agreement between Company B and Company C?

Any insight would be appreciated.

Margin Scheme and GST credit claims on Construction Costs

Manisha23 — Tue, 20 Aug 2019 06:38:40 GMT

Hi there,

we bought a proeprty (old house plus land) few years ago, now we developed the property in a duplex and are in the process of selling one.

we will be applying Margin Scheme in the contract of sale as we found out that we are eligible for it. we have been told that margin scheme reduces GST liability to the seller (which is us) however, the purchaser has to agree in writing and purchaser won't be able to claim any input tax credits on the purchase.

My big question is that --are we eligible to claim GST Credits on the Development & construction costs (including architecture fees, consulting fees, materials, contractors, marketting fees for sale) in the Business Activity Satements even though we are applying MARGIN SCHEME in the SALE of one of the duplex. ????

Your guidance would be much much appreicated.

Time limit for GST credit for purchases

MJUber — Mon, 19 Aug 2019 03:55:04 GMT

Hi there,

I registered for GST in 2015 and I have been doing part time ride sharing (Uber) since then. I purchased a car for Uber and private purpose in December 2017 for $28,990 (including GST of $2,635) but forgot to claim the GST for my Uber business activity of 25%. i.e. $659. Can I claim it in my next activity statement since it is within period of review? Is the period of review "four years and one day from when you lodged the activity statement" is applicable in this scenario? I beleive, yes. Please confirm.

https://www.ato.gov.au/Business/GST/In-detail/Managing-GST-in-your-business/Reporting,-paying-and-activity-statements/Time-limits-on-GST-credits-and-refunds/

GST - Accrual Basis

Anthony11 — Fri, 16 Aug 2019 11:04:18 GMT

Hi,

If a Tax Invoice is issued to a Customer dated 25 March 2019, for Rental payable for the period 1 April 2019 to 30 June 2019, with a due date of 1 July 2019, is the rental income recorded in the January to March 2019 quarter, the April to June 2019 quarter or the July to September 2019 quarter.

Accrual Bassis has been chosen for GST.

Thank you.

GST

mpappu1234 — Mon, 05 Aug 2019 06:34:34 GMT

Hi : My employer (State Govt Department) uses Private Security company to provide security services to its clients ( various State Govt Departments). When the private security company charge my employer, one of the line items in the invoice is hotel accommodation. For example, if the Private security company pay $100 (inclusive GST) to the hotel company. When the private company charge my employer should they charge $100 + 10% GST or should they charge the same $90.9 + 9.09 GST what they hotel originally charge them?

If there is an agreement exist between my employer and the private security company they should on-charge accommodation expense, what would be the correct amount $90.9 or $100 that GST should be applied on?

Thanks in advance for any assistance.

Activity statmemt

reefrunner1 — Mon, 05 Aug 2019 05:41:50 GMT

I have cancelled my abn without realising I wouldn't be able to lodge a final activity statement. I have got busy with moving interstate and now two years later it has come back to haunt me with a notice that I need to lodge but on calling they couldn't tell me how to do this and best to go to a tax agent! Any advice?

Taxi Driver - BAS - some questions

oshkosh — Wed, 31 Jul 2019 04:39:31 GMT

Hi there,

I feel like I've muddled up my BAS.

Context: I'm a taxi driver, but not an operator. My payment arrangement is this:

generally, half of what I earn goes towards the operator of the vehicle as a "Bailment".
I need an ABN for this.
I pay a small levy to the operator of $5 per night

So, as an example, say I make $1000 for the quarter, and my pay is half of this. $91.91 of this is GST. My half of the GST should be $45.45.

So would I fill out the BAS like this?

Total sales: $500
GST on sales: 45.45
GST on purchases: 0

Or like this?

Total Sales: $1000
GST on sales: $90.91
GST on purchases: $45.45

I feel like a massive idiot for even having to ask this.

Thanks.

Are fringe benefits included as purchases at G11, or are they considered a part of salary and wages?

WeirderQuark — Sun, 28 Jul 2019 05:54:36 GMT

For example, if an employer pays the private health insurance premium of one of their employees as a part of their salary package, is this considered to form part of their salary for the purposes of BAS, or should it be shown as a non-capital acquisition in G11?

Thanks for the help!

Jon

Unpaid invoice for bas

Sb4photos — Sun, 28 Jul 2019 00:49:08 GMT

Hi. Doing my first bas. Do I include invoices that have not paid me yet in my QTR totals ?

STP

Halloway69 — Sat, 27 Jul 2019 01:36:58 GMT

With the mandatory advent of Single Touch Payroll why do small businesses still need to lodge monthly IAS or other PAYG information?

BAS lodgement

VTH — Fri, 26 Jul 2019 04:53:59 GMT

Hi,

I've got a couple of queries in regards to lodging the BAS hope someone can clarify for me. I have an online store which sell womens' clothing, I just want to confirm whether the total sales figure below is correct for lodgement.

$100 - Sale

-$10 - Discount

$10 - GST

$10 - Shipping fee

$110 - Total to be paid by customer

Credit Card processing fee - $ 1.50

Payment to be received by business after fees/charges - $108.50

BAS Logdement

G1 Total Sales including GST is $120. Is this figure correct? Or is it $108.50 after fees/charges.

Many thanks in advance.

GST Calculation Worksheet questions

Cassius — Thu, 25 Jul 2019 23:23:43 GMT

Hello!

I am completing my BAS for the first time (Sole Trader), and I only registered for GST half-way through the last GST period. This means some of my sales were pre-GST registration, some were after. Similarly, some of my purchases were pre-GST registration, some were after.

I have a question about the section of the GST calculation worksheet titled 'GST amounts the Tax Office owes you from purchases'.

For G11 I have entered the GST inclusive value of the total purchases I have made AFTER I registered for GST only. I.e. I have not included any pre-GST purchases in this cell. Is this correct?

The value I have entered into G11 is a) ONLY for purchases I have made AFTER registering for GST, and, b) ONLY for purchases I made from GST regsitered suppliers. I.e. I HAVE made other purchases during this period, but they were from non GST registered suppliers, so I've not included those amounts in the value I entered in G11. Is this correct?

Subsequently, it is my understanding that I can answer zero to cell G14 because I have ONLY included (in cell G11) the value of purchases I have made from GST registered suppliers. Is this correct?

Many thanks!

Bulk BAS Lodgement via PLS

AntMan — Thu, 20 Sep 2018 05:56:27 GMT

Hi,

I'm a Tax Agent and I have to lodge over 1,500 BAS each quarter for my clients. I understand that all BAS forms are set to migrate to the PLS service as the main electronic lodgement channel on 15/12/2018. Can someone please tell me if PLS facilitates lodging BAS in bulk like ELS currently does? (under ELS, I can lodge up to 1,000 BAS in a single lodge transmission).

The ATO seriously can't expect me to lodge 1600 BAS one by one via the Tax Agent Portal?

Any information would be greatly appreciated.

Thank you very much.

Kind regards

Update Contact details BAS Agent portal

Sally2017 — Mon, 26 Nov 2018 01:46:09 GMT

Hi,

Just trying to update a clients contact details under "Client details" in the BAS AGent portal.

It says one Role or Account must be selected but there is no box to tick under "Select"??

Im using Chrome Browser. How can I change the client details if I can't select the account role?

Sally.

I would like to apply for an extension on this months bas statement

Lynn31 — Tue, 24 Jul 2018 09:30:03 GMT

How do I apply for an extension on submitting my bas

Substituted Accounting Period Reporting Dates

AE — Fri, 11 Jan 2019 01:56:52 GMT

I have a client in the hospitality industry that uses 13 period reporting. Their end date of their 13th period was 25/06/2018. Therefore, from 26/06/2018 was their FY19 period 1 start date. Their previous accountant used the incomplete 13th period date. Their current software (SAP) does not generate reports at 30/06/2018 as data is only imported at the period end date i.e. 25/06/2018 or 03/07/2018.

What is the best solution for preparing accounts to 30/06/2018?

Quarterly BAS payment plan

Kerryn — Wed, 24 Jul 2019 23:19:42 GMT

Hi.
If a business is on a payment plan for the April quarter lodgement, can you:
A) lodge the June quarter BAS on the 12th August (taken 2 week extension from 28th July into account)
B) get a payment plan for the June e quarter?

Thanks.

Unpaid GST

Andres — Wed, 24 Jul 2019 03:44:20 GMT

Hi all,

I'm registered for GST and I have been paying the GST based on my incomes quaterly. Unfortunately, 1 company made all my payments without requesting me an invoice (since everything is automated in a platform), and now, I found out that they haven't included GST on any of the payments.

1) Should the company correct and pay me the past GST amount?

2) For the coming activity statement (29 July), should I pay only the GST I have received? (considering I have payments without GST included for that particular period).

Thanks for your understanding and guidance,

GST increasing adjustment. Enter value G7. G7 does not appear in Business Portal Activity Statement

ab2 — Wed, 24 Jul 2019 01:47:58 GMT

The business portal Activity statement that I use is simplified. G7 does not appear. Only 1A and 1B are displayed. How can I change the business portal layout to enable G7 for entry?