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LODGING YOUR BAS JUST GOT EASIER

    *Bookkeeping required to prepare the BAS is charged at our normal hourly rate or is a billable activity under the scope of our fixed/flexible pricing models.

    Improve compliance and operational transparency with Registered BAS Agent Services

    With our BAS services, we can set up your systems to make this transition easier! Your Finance Department’s qualified accountants and BAS Agents can also prepare your monthly or quarterly Business Activity Statements correctly and lodge them on time. Experience premium and high-quality BAS agent services today.

    Tax Practitioner Board Registered

    Improve compliance and operational transparency with Registered BAS Agent Services

    With our BAS services, we can set up your systems to make this transition easier! Your Finance Department’s qualified accountants and BAS Agents can also prepare your monthly or quarterly Business Activity Statements correctly and lodge them on time. Experience premium and high-quality BAS agent services today.

    Tax Practitioner Board Registered

    Most small businesses use an external bookkeeper to help them as they start up and grow, and the most common form of support is BAS accounting services or bookkeeping & BAS services. It’s not something most start ups truly understand. We can help by giving you answers to the frequently asked questions about tax or BAS agent services and you obligations:

    Why Hire a BAS Agent?

    A Business Activity Statement or BAS agent or a Tax agent is a person (or Company) who is suitable qualified and their skills have been verified by the Tax Practitioners Board (TPB). They are authorised to represent you and your business to the ATO in relation to several matter, including the following:

    1. Ensure accurate recording of all sales and purchases and guarantee that all items are coded correctly for General Services Tax (GST).
    2. Manage your accounts and make sure they line up with everything declared on your Business Activity Statement (BAS).
    3. Ensure that your completed BAS is lodged on time with the Account and Tax Outsourcing Services (ATO) using Xero Tax.
    4. File extension requests for your lodgment deadline should you need more time to prepare your numbers.
    5. Negotiate payment plans and seek late payment reversal or lodgment fees.
    6. Use paperless solutions to organise your business documents and allow you to keep track of your business tax filings online.

    Business Terms and What They Mean:

    BAS Services

    BAS services are services ascertaining to or advising about the liabilities, obligations, or entitlements of a client under a BAS provision. It includes the preparation, review and lodgment of any financial information reported under the BAS reporting process.

    Coaching
    Tax papers

    BAS Preparation

    This involves the review of transactional data for accuracy and compliance with BAs legislation and all actions necessary to complete your BAS reporting. The BAS preparation allows you to report on goods and services tax (GST) in line with legislated timeframes.

    BAS Lodgement

    Refers to the process of lodging all various reports (BAS, IAS etc) including how much money you or your business earns and any other expenses.

    accountant working on small business
    Remote working

    BAS Agent Online Services

    BAS agent online services refers to services conducted by a licensed BAS/Tax agent which are transacted through the government’s online services for Agents portal using your MyGovID. 

    How Will You Know if A Tax Agent Is Licensed and Certified?

    A BAS agent must display their registration number with the symbol of the Tax Practitioners Board (TPB) Australia. You may check registration validity at the TPB website. Simply enter the pieces of data you currently have to find your tax practitioner.

    Your Finance Department Pty Ltd is a Registered BAS and TAX agent and is supported by several individually qualified BAs and Tax agents. We are ready to help you with all your filing and reporting needs. Get in touch with our team for more details.

    Benefits of BAS Agents:

    Stop Worrying About Deadlines

    Hire Your Finance Department’s BAS agent services and get the benefit of extended due dates. We keep track of your due dates and make sure to lodge your business activity statement on time using our paperless electronic eSign and lodgment software. If you need more time for your BAS preparation, we can liaise with the ATO for an extension when necessary.

    Shift Focus to Managing Your Core Business

    Let us cross-check your accounts and BAS figures, verify your GST coding to make sure you stay compliant, and maximise your available credits. Our BAS services will allow you to focus on running the business, instead of having to handle all the tedious details of operations.

    Work with Qualified Accounting & BAS Specialists

    As qualified BAS Agents, our team comprises qualified bookkeeping and accounting professionals who work hard to ensure your business’ financial transactions are properly recorded. We guarantee timely BAS lodgment and accurate production of data for both your compliance needs as well as to improve operational transparency.

    What Is BAS?

    The business activity statement or BAS is a form that’s completed and filed at the Australian Taxation Office or ATO. As part of your BAS preparation, you need to be ready to report your tax obligations including GST, pay as you go instalments (PAYGI), pay as you go withholding (PAYGW), wine equalisation tax (WET), and luxury car tax (LCT).


    The BAS reporting system started in 2000 as a part of Australia’s major tax reform. This change also introduced GST or the goods and services tax. Businesses that turnover more than $75,000 in a given year are legally required to register for GST, and lodge a BAS return. The most common period of lodgement is quarterly at each fiscal quarter end (SEP 30, DEC 31, MAR31 7 30 JUN). It might seem complicated at first, but you can make things easier for your organisation by hiring BAS agent services

    What Is a BAS Agent?

    A BAS agent or tax agent can help businesses prepare and submit their activity statements to the ATO through different means as part of their BAS services. They can send it via mail, through the ATO business portal, or via BAS agents’ ELS or electronic lodgment system.

    What Is a BAS Agent Allowed to Do?

    Once Registered with the Tax Practitioners Board (TPB), a BAS Agent can perform the following tasks:

    Advise or represent a business to the ATO about:

    A BAS agent’s more specific tasks include:

    Note: Filing can be done through the agent’s BAS lodgment system so there’s no need for a personal appearance.

    Talk to Our BAS Agents

    You don’t have to spend long hours working on taxes. Work with out BAS agents and spend more time running your company.

    Behind On Your BAS Lodgments?
    Talk to Our BAS Agents

    Do you have arrears with the ATO? Not sure how to tackle the debt? Need more time to prepare your Business Activity Statement? Your Finance Department’s BAS agents will help you sort things out with your books and the ATO.

    What Our BAS Agents Do for Your Business

    Ensure the Accuracy of Your Figures

    With Your Finance Department’s weekly bookkeeping & BAS services, we will ensure that all sales and purchases are recorded accurately and that all items are coded correctly for GST.

    Check and Spot Discrepancies on Your Statements

    We’ll manage your accounts and make sure they line up with the numbers found on your Business Activity Statement (BAS).

    Lodge Your Business Activity Statement

    Using Xero Tax, we’ll make sure your completed BAS is lodged with the ATO on time.

    Get Your Deadline Extended

    Our BAS agent services include handling requests to extend your lodgment deadline should you need more time to provide us your numbers.

    Handle Fines and Penalties

    We’ll work with you and the ATO to negotiate a payment plan and seek to reverse late payment or lodgment fees if there are any.

    Organise Your BAS Records

    As part of our BAS accounting services, we will use paperless solutions to organise your business documents and keep track of your business tax filings.

    Outstanding ATO Debt? ー We Can Help Negotiate It

    Testimonials

    See what our clients thought of our services:

    Precision Prosthodontics – Buderim, Sunshine Coast

    Raman Oberoi – Founder

    The Team at YFD helped me to implement process into my bookkeeping. They have been a great support and worked with the ATO to assist with bringing my outstanding BAS up to date and developing the best business structure moving forwards.

    Direct Distribution – Brendale, Brisbane

    Shane Boyes – Director

    YFD look after all of our bookkeeping across the group; using both Xero and Business Central. They have helped us implement a strategic plan and negotiated with the ATO for an outcome that really assisted through COVID and now beyond.

    A Bookkeeping Firm You Can Trust

    Your company’s success depends on the quality of your products and services, and the state of your books. Make sure that your records are accurate and up-to-date by turning to the bookkeeping BAS services of Your Finance Department. For all your BAS agent online services needs, we’re here to help. Talk to our team today!

    Tax Practitioner Board Registered

    © 2020 Your Finance Dept

    Improve Compliance and Operational Transparency with Registered BAS Agent Services

    With our BAS services, we can set up your systems to make this transition easier! Your Finance Department’s qualified accountants and BAS Agents can also prepare your monthly or quarterly Business Activity Statements correctly and lodge them on time. Experience premium and high-quality BAS agent services today.
    stopwatch

    Stop Worrying About Deadlines

    Hire Your Finance Department’s BAS agent services and get the benefit of extended due dates. We keep track of your due dates and make sure to lodge your business activity statement on time using our paperless electronic eSign and lodgment software. If you need more time for your BAS preparation, we can liaise with the ATO for an extension when necessary.

    business-plan

    Shift Focus to Managing Your Core Business

    Let us cross-check your accounts and BAS figures, verify your GST coding to make sure you stay compliant, and maximise your available credits. Our BAS services will allow you to focus on running the business, instead of having to handle all the tedious details of operations.

    employee

    Work with Qualified Accounting & BAS Specialists

    As qualified BAS Agents, our team comprises qualified bookkeeping and accounting professionals who work hard to ensure your business’ financial transactions are properly recorded. We guarantee timely BAS lodgment and accurate production of data for both your compliance needs as well as to improve operational transparency.

    What Is BAS?

    The business activity statement or BAS is a form that’s completed and filed at the Australian Taxation Office or ATO. As part of your BAS preparation, you need to be ready to report your tax obligations including GST, pay as you go instalments (PAYGI), pay as you go withholding (PAYGW), wine equalisation tax (WET), and luxury car tax (LCT).

    The BAS reporting system started in 2000 as a part of Australia’s major tax reform. This change also introduced GST or the goods and services tax. Businesses that turnover more than $75,000 in a given year are legally required to register for GST, and lodge a BAS return. The most common period of lodgement is quarterly at each fiscal quarter end (SEP 30, DEC 31, MAR31 7 30 JUN). It might seem complicated at first, but you can make things easier for your organisation by hiring BAS agent services

    What Is a BAS Agent?

    A BAS agent or tax agent can help businesses prepare and submit their activity statements to the ATO through different means as part of their BAS services. They can send it via mail, through the ATO business portal, or via BAS agents’ ELS or electronic lodgment system.

    What Is a BAS Agent Allowed to Do?

    Once Registered with the Tax Practitioners Board (TPB), a BAS Agent can perform the following tasks:

    Advise or represent a business to the ATO about:

    A BAS agent’s more specific tasks include:

    Note: Filing can be done through the agent’s BAS lodgment system so there’s no need for a personal appearance.

    Behind On Your BAS Lodgments?

    Do you have arrears with the ATO? Not sure how to tackle the debt? Need more time to prepare your Business Activity Statement? Your Finance Department’s BAS agents will help you sort things out with your books and the ATO.

    Business Terms and What They Mean

    interview light blue

    BAS Services

    BAS services are services ascertaining to or advising about the liabilities, obligations, or entitlements of a client under a BAS provision. It includes the preparation, review and lodgment of any financial information reported under the BAS reporting process.
    checklist light blue

    BAS Preparation

    This involves the review of transactional data for accuracy and compliance with BAs legislation and all actions necessary to complete your BAS reporting. The BAS preparation allows you to report on goods and services tax (GST) in line with legislated timeframes.
    continuous light blue

    BAS Lodgement

    Refers to the process of lodging all various reports (BAS, IAS etc) including how much money you or your business earns and any other expenses.
    surf light blue

    BAS Agent Online Services

    BAS agent online services refers to services conducted by a licensed BAS/Tax agent which are transacted through the government’s online services for Agents portal using your MyGovID. 
    Most small businesses use an external bookkeeper to help them as they start up and grow, and the most common form of support is BAS accounting services or bookkeeping & BAS services. It’s not something most start ups truly understand. We can help by giving you answers to the frequently asked questions about tax or BAS agent services and you obligations:

    Why Hire a BAS Agent?

    A Business Activity Statement or BAS agent or a Tax agent is a person (or Company) who is suitable qualified and their skills have been verified by the Tax Practitioners Board (TPB). They are authorised to represent you and your business to the ATO in relation to several matter, including the following:

    1. Ensure accurate recording of all sales and purchases and guarantee that all items are coded correctly for General Services Tax (GST).
    2. Manage your accounts and make sure they line up with everything declared on your Business Activity Statement (BAS).
    3. Ensure that your completed BAS is lodged on time with the Account and Tax Outsourcing Services (ATO) using Xero Tax.
    4. File extension requests for your lodgment deadline should you need more time to prepare your numbers.
    5. Negotiate payment plans and seek late payment reversal or lodgment fees.
    6. Use paperless solutions to organise your business documents and allow you to keep track of your business tax filings online.

    How Will You Know if a Tax Agent Is Licensed and Certified?

    What Our BAS Agents Do for Your Business

    money light blue

    Ensure the Accuracy of Your Figures

    With Your Finance Department’s weekly bookkeeping & BAS services, we will ensure that all sales and purchases are recorded accurately and that all items are coded correctly for GST.

    checklist light blue

    Check and Spot Discrepancies on Your Statements

    We’ll manage your accounts and make sure they line up with the numbers found on your Business Activity Statement (BAS).

    surf light blue

    Lodge Your Business Activity Statement

    Using Xero Tax, we’ll make sure your completed BAS is lodged with the ATO on time.

    money light blue

    Get Your Deadline Extended

    Our BAS agent services include handling requests to extend your lodgment deadline should you need more time to provide us your numbers.

    calculator light blue

    Handle Fines and Penalties

    We’ll work with you and the ATO to negotiate a payment plan and seek to reverse late payment or lodgment fees if there are any.

    continuous light blue

    Organise Your BAS Records

    As part of our BAS accounting services, we will use paperless solutions to organise your business documents and keep track of your business tax filings.

    See What Our Clients Say

    Precision Prosthodontics – Buderim, Sunshine Coast

    Raman Oberoi – Founder

    The Team at YFD helped me to implement process into my bookkeeping. They have been a great support and worked with the ATO to assist with bringing my outstanding BAS up to date and developing the best business structure moving forwards.

    Direct Distribution – Brendale, Brisbane

    Shane Boyes – Director

    YFD look after all of our bookkeeping across the group; using both Xero and Business Central. They have helped us implement a strategic plan and negotiated with the ATO for an outcome that really assisted through COVID and now beyond.

    A Bookkeeping Firm You Can Trust

    Tax Practitioner Board Registered