GST & BAS Preparation Course

This popular GST & BAS workshop covers the key concepts of GST and is suitable for anyone involved in business and BAS. Learn how to complete a Business Activity Statement (BAS) and Instalment Activity Statement (IAS) for your business.

In order to allow for the correct preparation of the BAS, it is important that all staff involved have sufficient GST knowledge and experience.

GST & BAS Course will cover how to:

• Identify and classify GST sales and purchases
• Classify GST Free supplies
• Classify Input Taxed supplies
• Obligations of registered entities for collection, correct record keeping and remittance of GST
• Treatment of goods and services subject to special rules.
• Fuel Tax, Luxury Car Tax and FBT reporting

At the completion of this GST & BAS Online Training, participants will have covered;

• What is GST
• How the GST system works
• Registering for GST
• Taxable sales, GST Free sales, Input taxed sales
• Partly taxable sales (or mixed supplies)
• Issuing tax invoices
• Claiming GST credits
• Adjustments
• Correcting GST mistakes
• Record keeping, FBT and the BAS
• PAYG Withholding, PAYG Instalments 
• Electronic Lodgement Guidelines
• Wine Equalisation Tax, Luxury Car Tax, Fuel Tax Credits
• Simplified BAS