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Better B a sic with H is o its Ext n d H I f l l l l / y o u r m in d with D L U V V M in t e r s T rip a T RO n A Q U D n O nth e m e ta l with dirty an s e m b LE rHiQualityVersionAvailableonAMIGALAND.COM1

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What is better b a s?

Better Business Activity Statement (b a s) is a report submitted by businesses to the tax authorities in Australia to report their taxable sales, purchases, and GST liabilities.

Who is required to file better b a s?

All businesses registered for Goods and Services Tax (GST) in Australia are required to file a b a s.

How to fill out better b a s?

Better b a s can be filled out online through the Australian Taxation Office's (ATO) online portal or by using accounting software that is compatible with the ATO.

What is the purpose of better b a s?

The purpose of better b a s is to report the business's sales, purchases, and GST liabilities to the tax authorities for tax compliance purposes.

What information must be reported on better b a s?

Businesses must report the total sales, GST collected, GST paid, and other relevant financial transactions on their b a s.

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