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Dear ATO Community,
May you please help me with how WET is reported on the BAS. Take this scenario:
WET: $ 29 (29%)
When it comes to the BAS:
I assume WET of $29 is reported at 1C Wine equalisation tax
However is the entire $141.90 also reported at G1 Total Sales?
Please kindly let me know.
Hi @Tony_Peters , thanks for your question.
Instructions on how to complete your activity statement labels can be found on our website.
You can also attend our Activity statement essentials webinar which explains how to complete your activity statement.
I hope you find this information helpful.
Thank you for your response. I had checked both of those links prior to posting my question as they both don't answer the question "However is the entire $141.90 also reported at G1 Total Sales?"
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