Because all BAS forms are personalised to each business with pre-filled information, the Tax Office does not provide blank forms. BAS returns are issued by the Tax Office usually several weeks prior to the lodgment date.
Simplified BAS returns
BAS returns for small businesses are being made simpler with effect from 1 July 2017, with less detail being required to fill in the BAS return form.
For small businesses (GST turnover of less than $10 million), only the following GST information will be required to be reported:
GST on sales (1A)
GST on purchases (1B)
Total sales (G1)
Newly-registered businesses have the option to access the simpler BAS from 19 January 2017.
Further information is available here.
An example of a filled BAS return worksheet is here.
PAYG withholding labels guide
For a checklist guide as to what is included in “W1 – Total salary, wages and other payments” as well as labels W2, W3, W4 and W5 on the activity statement see the ATO’s article here.
Guides for other transactions
To help determine how transactions should be treated in your records and in the BAS statement return, examples of transactions are shown here:
- Cash Payments and Cash Receipts
- The PAYG Instalment Guide for handling income tax instalments: PAYG Instalments and Activity Statements
What doesn’t have to be reported for GST purposes?
Some items of income or expense do not need to be reported on the BAS form for GST purposes. That is because they are specifically excluded as private, non-deductible or in a category such as wages and superannuation.
Transactions may only be partially non-reportable.
Items which do not need to be reported are not shown on the BAS form as GST items, however wages and associated withholdings, and income tax instalments have dedicated labels for reporting purposes.
Typically non-reportable items are identified in accounting software as “no tax”, “non-taxable”, “NT” or similar.
Non-taxable transactions should also be distinguished from items which are reportable but GST free, and transactions which are input taxed, each of which has disclosure labels on the BAS form.
To register for electronic lodgement of BAS forms – start here BAS lodgment
Download fillable worksheet
To download a fillable BAS worksheet in PDF format, click following link:
How to vary the amount you pay
- GSTR 2000/26 Goods and services tax: corporate card statements – entitlement to an input tax credit without a tax invoice
- GST/BAS registration
- Simpler BAS GST bookkeeping guide
- example annual GST return
This page was last modified 2019-01-07