Hi, I recently lodged my bas and realised I made a mistake I did a revision, and it now says outcome $0.00 but a dr of $12,500 but on the devious one it was finalised, out come $19,500 and a $19,500 credit what is happening as I’m seriously confused? Does it mean I’ll receive $12,500 or nothing?
Hi @Jimmye,
To get a $0 balance you must have amended your BAS for the same amount as the original as either a debit or credit.
If you lodged the original BAS with a debt of $12,500 and then lodged an amendment with a credit of $19,500 we'll give you a credit of the difference, $7,000.
You can check your balances via your myGov account if you're a sole trader or via online services for business.
All replies
Hi @Jimmye,
To get a $0 balance you must have amended your BAS for the same amount as the original as either a debit or credit.
If you lodged the original BAS with a debt of $12,500 and then lodged an amendment with a credit of $19,500 we'll give you a credit of the difference, $7,000.
You can check your balances via your myGov account if you're a sole trader or via online services for business.
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