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Business activity statement

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79:. Forms are usually issued quarterly, some roles can be reported at different frequencies depending on the business structure and income. Some roles such as goods and services tax can be reported annually, subject to eligibility criteria being met. The business activity statement forms are required. 58:
The Australian Taxation Office forwards a business activity statement tailor made for each registered business entity before the end of each reporting period. It may be delivered to the business as a paper form, electronically, or via the business’s registered tax agent. Parts of the form may be
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Related to the business activity statement is the instalment activity statement, which is used by taxpayers who are not registered for the goods and services tax, but have other tax obligations. An instalment activity statement is also used by entities that prepare a quarterly business activity
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The business activity statement reporting system was introduced in 2000 as a part of a major tax reform, which also included the introduction of the goods and services tax. The various forms and reporting methods have changed considerably since the initial introduction of the business activity
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through its operations sub-plan. Any errors which occur with activity statements are usually handled by a department known as activity statement product (exceptions). This department operates under the operations sub-plan, client account services business service line. Errors may occur when a
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business client reports figures incorrectly, where a client includes cent figures (only dollar figures are allowable), where an arithmetic error occurs, when a statement is submitted when no roles are active for the client, or when the handwriting on a paper statement is illegible.
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Every activity statement carries a unique document identification number. Activity statements can be submitted to the tax office on paper (mail), by phone, electronically (via a tax agent's electronic lodgment system), or through the Australian Taxation Office business portal.
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There are a number of different business activity statement forms which an organisation can complete. The form which a business receives depends on what tax liabilities it has, referred to as
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Activity statements are usually required to be submitted quarterly, but some entities may be required to report obligations on a more frequent basis.
55:. Pay as you go withholding is sometimes known as income tax withholding, pay as you go instalments is sometimes known as income tax instalments". 17: 90:
Some entities may be required to report pay as you go withholding liabilities or goods and services tax on a monthly basis.
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The primary methods that businesses use to prepare and submit their business activity statement include:
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statement but are required to remit their pay as you go withholding tax on a monthly basis.
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by registered business entities to report their tax obligations, including
124: 119: 249: 110: 102:Activity statements are processed by the 14: 250: 223:"Activity statement lodgment methods" 24: 134:Australian Taxation Office website 25: 279: 199:. Taxpack.com.au. Archived from 215: 189: 164: 13: 1: 158: 93: 43:, pay as you go instalments, 82: 7: 146: 141:Standard business reporting 31:is a form submitted to the 29:business activity statement 18:Business Activity Statement 10: 284: 227:Australian Taxation Office 176:Australian Taxation Office 104:Australian Taxation Office 33:Australian Taxation Office 41:pay as you go withholding 70: 137:Manually, by themselves 111:Methods of preparation 37:goods and services tax 263:Taxation in Australia 172:"Activity Statements" 153:Taxation in Australia 49:wine equalisation tax 233:on 21 February 2014 45:fringe benefits tax 16:(Redirected from 275: 258:Statements (law) 243: 242: 240: 238: 229:. Archived from 219: 213: 212: 210: 208: 203:on 13 March 2008 193: 187: 186: 184: 182: 168: 21: 283: 282: 278: 277: 276: 274: 273: 272: 248: 247: 246: 236: 234: 221: 220: 216: 206: 204: 195: 194: 190: 180: 178: 170: 169: 165: 161: 149: 113: 96: 85: 73: 23: 22: 15: 12: 11: 5: 281: 271: 270: 265: 260: 245: 244: 214: 188: 162: 160: 157: 156: 155: 148: 145: 144: 143: 138: 135: 132: 127: 122: 112: 109: 95: 92: 84: 81: 72: 69: 53:luxury car tax 9: 6: 4: 3: 2: 280: 269: 266: 264: 261: 259: 256: 255: 253: 232: 228: 224: 218: 202: 198: 192: 177: 173: 167: 163: 154: 151: 150: 142: 139: 136: 133: 131: 128: 126: 123: 121: 118: 117: 116: 108: 105: 100: 91: 88: 80: 78: 68: 64: 60: 56: 54: 50: 46: 42: 38: 34: 30: 19: 235:. Retrieved 231:the original 217: 205:. Retrieved 201:the original 191: 179:. Retrieved 166: 130:Tax software 114: 101: 97: 89: 86: 76: 74: 65: 61: 59:pre-filled. 57: 28: 26: 67:statement. 252:Categories 207:23 October 159:References 125:Bookkeeper 120:Accountant 94:Operations 268:Tax forms 83:Frequency 147:See also 237:25 July 181:25 July 197:"GST" 77:roles 71:Types 239:2007 209:2007 183:2007 51:and 27:The 254:: 225:. 174:. 47:, 39:, 241:. 211:. 185:. 20:)

Index

Business Activity Statement
Australian Taxation Office
goods and services tax
pay as you go withholding
fringe benefits tax
wine equalisation tax
luxury car tax
Australian Taxation Office
Accountant
Bookkeeper
Tax software
Standard business reporting
Taxation in Australia
"Activity Statements"
Australian Taxation Office
"GST"
the original
"Activity statement lodgment methods"
Australian Taxation Office
the original
Categories
Statements (law)
Taxation in Australia
Tax forms

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