Expert Business Activity Statement (BAS) Services in Sydney

At Chan & Naylor, we simplify the BAS process, ensuring accurate, timely, and compliant lodgments so you can focus on running your business with confidence.
BAS Statement Sydney

What is a Business Activity Statement (BAS)?

A Business Activity Statement (BAS) is a report submitted to the Australian Taxation Office (ATO) that allows businesses to report and pay various tax obligations, including:

  • Goods and Services Tax (GST)
  • PAYG withholding
  • PAYG instalments
  • Fringe Benefits Tax (FBT) instalments
  • Luxury Car Tax (where applicable)
  • Wine Equalisation Tax (where applicable)

If your business is registered for GST, you will generally be required to lodge a BAS monthly, quarterly or annually depending on your reporting requirements.

 

Why is BAS Important?

Timely and accurate BAS lodgment keeps your business ATO-compliant, penalty-free, and financially stable. Our BAS accountants ensures everything is prepared correctly, giving you clarity on your finances so you can stay in control and focus on growth.

Business Accounting Services
Optimise Processes

Missed BAS deadlines? Costly tax errors? Confusing regulations? We get it.

We make sure your BAS is accurate, lodged on time, and compliant—helping you avoid penalties, audits, and cash flow disruptions. With our expertise, you’ll always have reliable support to keep your business on track.

Accuracy and Attention to detail

Meticulous Accuracy

We ensure all your financial records are precise and meticulously maintained, preventing errors and providing you with reliable financial data.

Timeliness

Timeliness and Efficiency

We provide fast, efficient service to keep your finances current, ensuring timely decisions and ATO compliance.

Customer Support

Reliable Client Assistance

Our team ensures clear communication and dependable service, so you always have the answers you need to keep your business running smoothly.

Hear what our business clients have to say

Chan & Naylor Pymble is our Accountant for both personal and business use. Sam always responds promptly to our enquiries and keeps us informed proactively of any updates relating to our business. Sam is highly knowledgeable and always takes the time to find the right solutions for us. We have no hesitations in recommending Sam to our friends and family.

Justin Burrows

Business Owner

The team is always there to help. They have given us useful advices on many business and tax matters. Great job, team! And thank you again!

Tony Zheng

Business Owner

Chan and Naylor has been very helpful to our business for many years. I was most impressed with Meena and her team for their expertise in Accounting, Taxation and Corporation management advice, not to mention their timely and friendly services provided in the last few years.

Edman Wong

Business Owner, Hillsside Excavation

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Our Comprehensive Business Accounting Services

As one of the leading business accountants in Sydney, we offer a wide range of business accounting services tailored to meet the unique needs of businesses across various industries.

BAS Preparation and Lodgment

Ensure timely and accurate BAS submissions to avoid penalties and maintain ATO compliance.

Business Tax

Avoid setbacks with expert business tax solutions. Our Sydney specialists ensures clarity and foresight for your success in the tax landscape.

Business Structure Planning

A well-designed structure ensures tax flexibility, asset protection, and smooth succession. Contact us for a review or expert advice.

Financial & Management Accounting

Gain financial insights with customised reporting and cash flow management.

Bookkeeping & Cloud Accounting

Enhance your finances with expert bookkeeping. Ensure accuracy, save time, and focus on business growth with our professional support.

KPI Tracking & Benchmarking

Measure your performance against industry standards and identify areas for improvement.

Budgeting & Forecasting

Plan for the future with confidence by setting realistic financial goals and creating strategies to achieve them.

BAS Lodgement Due Dates

The frequency of your BAS lodgement depends on your business circumstances.

Reporting Frequency Typical Due Date
Monthly 21st day of the following month
Quarterly Generally 28 days after the end of the quarter
Annual As advised by the ATO

If you use a registered tax agent, you may be eligible for extended lodgement deadlines.

 

Frequently Asked Questions

How often do I need to lodge a BAS?

Depending on your GST reporting requirements, BAS may be lodged monthly, quarterly or annually.

Can an accountant lodge BAS on my behalf?

Yes. Registered tax agents can prepare and lodge BAS for clients and may provide access to extended lodgement deadlines.

What happens if I lodge BAS late?

The ATO may impose penalties and interest charges for late lodgement and payment.

Do sole traders need to lodge BAS?

If a sole trader is registered for GST, they are generally required to lodge BAS.

What records should I keep for BAS?

You should maintain accurate records of income, expenses, tax invoices, payroll information and GST transactions.

Can I amend a BAS after it has been lodged?

Yes. Errors can often be corrected through BAS amendments or future activity statements, depending on the circumstances.

How much does BAS preparation cost?

Costs vary depending on the complexity of your business and bookkeeping records. Contact our team for a tailored quote.

SMSF Compliance and Restrictions

Have you outgrown your Tax Agent or Business Tax Accountant?

Your business accountant may be costing you more than you realise. If you need a second opinion on your business tax or are looking for proactive accountants who provide accurate, strategic tax solutions—trust the expertise of leading business tax specialists of Chan & Naylor.

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