BAS Accountants | BAS Accounting Services

BAS Accounting Services

Spending hours agonising over invoices and receipts for your next Business Activity Statement (BAS)? Preparing and lodging your BAS can be time consuming and just plain confusing, so why do it? Focus your time and energy on more important things within your business instead, by enlisting a BAS accountant to help.

Leave your Business Activity Statement to the experts

With a professional accountant completing and lodging your BAS correctly, and on time, you will not only gain extra time and energy, you’ll be gaining peace of mind along with it. Knowing your tax liabilities and obligations are being taken care of, by an expert BAS accountant, provides you with more time to focus on running your business.

How Crest BAS Accountants can help

We are the Gold Coast experts in BAS services and are committed to providing professional advice, guidance and support for your business accounting needs.

Our highly experienced team offer a range of services and lodgement options to suit your business needs.

These services include:

Did you know that an accountant can help you with more than just Business Activity Statements for your business? Take a look at our full suite of business services.

We don’t want you spending hours agonising over invoices and receipts. We want you to focus on your business, while we step in to help. Contact us at Crest Accountants on the Gold Coast to find out how we can step in and help today.

News about Business Activity Statements

News

How to Prepare for EOFY As A Small Business

End of financial year (EOFY) has a way of creeping up. One moment business is running as usual and the next you’re trying to pull together receipts, invoices, payroll records and reports you haven’t thought about since last June. The good news is, EOFY doesn’t need to be stressful. With a little planning and an […]

Tax Deductions | SME Tax Deductions | Crest Accountants

Small Business Accountants

Your Guide to Tax Deductions for Small Businesses

Operating a business comes with highs and lows, income and expenses and possibly a whole lot of confusion on what tax deductions for small businesses you can or cannot make. Instead of missing out because of uncertainties, ask your Gold Coast Accountant questions and find out what you really can claim for your small or […]

Small Business Accountants

7 Business Tips that Could Help You at Any Stage of Business Life

Whether you’re just starting out, reassessing your current business situation or trying to achieve your business goals? Check out 7 helpful business tips from Senior Accountant, Nicole Amaya. 1. Know your Product or Service What’s your purpose, why does your business exist? Research the market and differentiate your product/service from your competitors. Ensure you have a […]

News

2020 Queensland Small Business Adaption Grant up to $10k

Small businesses in Queensland can now apply for grants worth up to $10,000 under a new $100 million support package announced this week by the Queensland Government. The COVID-19 Adaption Grant Program has been developed to assist those small businesses forced into hibernation, to restructure or to significantly change their business operations or move online. Please note the […]

Professional Services

4 Ways to Remain Positive and Proactive in Professional Services

From lawyers to architects, engineers to town planners – there’s no denying COVID-19 has affected all professional services in one way or another. It could range from working from home, or reduced hours and income because less people are engaging with your professional services. What’s important is remaining positive and proactive in your business – […]

News

How changes to the Business Portal will affect you

Technology and its constant progression is great for business and managing business accounting and financial requirements. However, technology is exactly that – always changing, with many online systems becoming outdated. How you access the Australian Taxation Office (ATO) Business Portal is changing from the end of March 2020. Read on to find out more on […]

News

Your Business and the Holiday Season

Do you love Christmas and the holiday season, or would you rather push through your work all year round? Christmas and the holiday season are great for employees to refresh themselves before a brand-new year gets underway and get the chance to be merry with friends and family festivities. But what about your business? How […]

Accounting For Your Ecommerce Business (1)

E-Commence 

Why you Need an Accountant for Your E-Commerce Business

What is an ecommerce business? An ecommerce business is essentially any business that is conducted electronically on the Internet. There’s ecommerce for one-off sellers who want to sell their new and used products online like Gumtree and Facebook marketplace. Then there’s your more niche ecommerce businesses who sell specific items, catering to specific needs. For […]

Medical

4 Ways to improve Medical and Dental Practice Profitability

Medical and dental practices are profitable businesses, right? Not necessarily. Having a solid business plan and the right systems and processes in place can mean the difference between a successful and profitable practice, and an unsuccessful practice with many losses. At Crest Accountants on the Gold Coast, we have spent many years consulting with medical […]

Structure

The importance of Accounting Compliance for the Legal Community

As a law graduate commencing your brand-new career within the legal community, accounting services and compliance are likely the last things on your mind. But should they be on your mind? The answer is yes. Why? Because lawyers who develop a proactive and strategic approach to their accounting and overall finances are proven to be […]

Cashflow

Cash in or Cash Out? 3 Tips to Increase your Business Cash Flow

Cashflow. It’s the lifeblood of your business because, let’s face it, without it, you have no business at all. In business, particularly in the early years, cashflow can be really tricky. Tricky to increase and tricky to manage. You have to spend money to make money, this is true, but some businesses shouldn’t be spending […]

Structure

Want to Grow your Business? How Structuring it the Right Way can Help

Do you want your business to grow? If you’re reading this blog, then the answer is likely yes. As a business owner, you know your service inside and out and you’ve likely built your business around your skills, abilities and vision. What you may not know, is that how you structure your business, can be […]

BAS Accounting FAQ

What is a BAS?

A BAS, or Business Activity Statement, is how eligible businesses report and pay certain tax obligations to the ATO. It can include things like GST, PAYG withholding and PAYG instalments, depending on how your business is registered and structured.

Do I need to lodge a BAS for my business?

If your business is registered for GST, you need to lodge a BAS. Depending on your circumstances, it may also be used to report other obligations like PAYG withholding or PAYG instalments, which is why it is important to know exactly what applies to your business.

What does a BAS include?

A BAS may include GST, PAYG instalments, PAYG withholding and in some cases other tax obligations. At Crest, we help make sure the right information is captured, prepared and lodged properly so you are not left second-guessing what needs to be reported.

When is BAS due?

That depends on how often your business reports. The ATO says monthly BAS is generally due on the 21st day of the following month, while quarterly due dates vary, with quarter 4 generally due on 28 July. Keeping on top of dates matters, because late lodgement can create unnecessary stress and penalties.

Can an accountant help with BAS?

Yes, and in many cases it makes the process far easier. Crest’s BAS page is built around helping businesses prepare and lodge accurately and on time, while the TPB notes that BAS services provided for a fee must be carried out by a registered BAS agent or tax agent.

What records do I need for BAS?

At a practical level, you will usually need clear records of your sales, purchases, invoices, receipts, payroll and other relevant business transactions. Crest’s BAS page specifically speaks to the time businesses spend agonising over invoices and receipts, which is exactly why good records and the right support, make such a difference.

As the sole director of a SMSF with a Corporate Trustee in place, I transitioned to Crest Accountants in 2017.I am very happy with the professional relationship developed with Joanna Crandon. She is very approachable and always willing to explain any queries I have from time to time.The Super Fund’s paperwork is kept up to date and any work required is diligently and promptly attended to.The customer service I received is exemplary. Thank you, Joanna.

Helen Scarborough

Wesley from Crest Accountants has been looking after all our Accounting , Taxation and Financial Advice both personally and Business since 2014 .I have found the Crest Accountants team to offer exceptional service and a professionalism. Care and attention to details is of high priority .We have no hesitation in recommending Crest Accountants for your business and personal financial advice and accounting needs.Wesley is always available to share his knowledge and expertise.

Mary Sarroff – Co-Founder – Sarroff Group

I have partnered with Crest Accountants for quite a number of years now. I guess one of the most valuable things to me as a business owner - apart from good smart accounting - is the fact that Crest are proactive in their support of my business.Crest Accountants stay on top of things globally, nationally and locally in terms of what I need to be made aware of.I liaise mostly with Troy who genuinely takes an interest in the wellbeing of both myself, and the health and growth of my business. He tends to see ‘big picture’ and that has been invaluable to me over the years. This will be even more essential as we begin to navigate higher volatility levels resulting from increased global instability in the seasons to come.

Matthew Williamson – Director – HT Concepts Pty Ltd T/as Nursery and Garden Supplies

Justin Fahey has been incredibly professional all the way through the process and I would like to express my appreciation! Justin made it easy for me to provide the required information about my cryptocurrency and his confidence & great knowledge is impressive. I will certainly choose CREST to look after my future tax returns and will highly recommend Justin to any person who needs help with cryptocurrency taxation. Thank you!

Claudia Klien

“I've been using Crest accountants for 5 years & it's always a great service. Every year whenever I'm ready, I send my files through their convenient WeTransfer program and write any comments. I've never had to go into the office been able to do it all conveniently from home at anytime I want. Excellent & efficient service every time.”

Michael Slivka

“I recommend using Brett and Wes to handle any accounting matters on the Gold Coast and surrounding areas. I have worked closely with them on my personal and business matters. I find them to be very thorough, professional and can endorse their ability to others. Great Work Crest. Thanks for your ongoing support.”

Mason Kidman

“Growing a business is never easy which is why we approached Crest. We have been using Crest for the past 2 and half years and all we can say is thank you! Ryan and the team have always provided professional advice. The advice is thorough and has always taken into account the pros and cons, especially from a Risk's perspective. We have been able to establish an efficient business structure which allows us to minimise tax where possible while working towards quarterly targets to grow the business. Without Crest, our understanding of the business would not be where it is today.”

FUKU Japanese Broadbeach Restaurant

“Recently I came on board as a client and cannot recommend Angela highly enough. To date, my experience with Angela and the team has been fantastic and I would not hesitate in providing a referral. I have been impressed with the prompt return of calls and emails and have had all work completed within our agreed time frames. The valuable taxation and small business advice I have received has been incredibly useful and provided me with support and guidance on my personal and business journey. If you are looking for a Tax Accountant or Advisor, don't hesitate in making the move over to Crest.”

Lauren Gregory – Innovative Bean Counting

“I highly recommend Crest Advisors. I have been working with Crest for 4 years and they assist me personally and my business in several areas including Cashflow forecasting, tax planning, business structuring, BAS, Finance, Insurance and SMSF. They provide excellent services and will help you achieve your personal and business goals.”

Jed Newnham – Managing Director of Newnham Scaffolding

“Crest are fantastic accountants that go above and beyond in helping to keep our business run smoothly. We have been with them for the whole time we have been in business and each and every member of the team is accessible at anytime and have always gone out of their way to supply the information we need. Thank you for your great service!”

Shane and Kristy – Gold Coast Fresh Meat Centre

“Crest Accountants...we cannot recommend them highly enough!! Throughout the years Wes and his team have supplied us with their expertise and wonderful service. With a genuine concern for you and your business they are professional yet very comfortable to work with. We are grateful for their service and continue to look forward to working with them in years to come. Thanks Crest!”

Carree and Brett Pawson – Brett Pawson Metal Roofing

“I have partnered with Crest Accountants for quite a number of years now. I guess one of the most valuable things to me as a business owner - apart from good smart accounting - is the fact that Crest are proactive in their support of my business. Crest Accountants stay on top of things globally, nationally and locally in terms of what I need to be made aware of. I liaise mostly with Troy who genuinely takes an interest in the wellbeing of both myself, and the health and growth of my business. He tends to see ‘big picture’ and that has been invaluable to me over the years. This will be even more essential as we begin to navigate higher volatility levels resulting from increased global instability in the seasons to come.”

Matthew Williamson – Director – HT Concepts Pty Ltd T/as Nursery and Garden Supplies

"Troy and the Team at Crest Accountants always are a pleasure to deal with. My tax scenario was very complex however it was really relaxed and easy to chat it through. It feels so good to have it all back on track."

Nick Moore

"Since 1996, I’ve entrusted the firm and its staff with my personal and business-based financial affairs. Their expertise, guidance, and comprehensive ‘on-tap’ counsel have been invaluable to all aspects of my accounts and financial management, and both the partners and accountants have worked tirelessly to keep the many elements of my financial matters on track, and in my best interests."

Dr. Dimitri Kopanakis – Managing Director - String Central Pty Ltd

“Crest Accountants have been our accountants and financial advisors for 15 years. We have found them to be reliable and competent and have placed great value on the many suggestions they have made to us in this period which include: Company and Superannuation Structuring; Financial Planning; Budgeting and Taxation Strategy. They have been pro-active to any legislation changes and have advised well in time to make such changes which are necessary for compliance and protection of our company. We can recommend them to any company wishing to make use of their services.”

Lynn Flynn – General Manager - Protea Properties Pty Ltd

Business Activity Statements

BAS Accounting Services

Leave your Business Activity Statement to the experts

How Crest BAS Accountants can help

News about Business Activity Statements

BAS Accounting FAQ

We’re human & we’re here to help

Signup to our newsletter to receive recent news and updates.

Share This