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What is b a s i?

BASIS stands for Business Activity Statement Information System.

Who is required to file b a s i?

Businesses in Australia are required to file BASI if they are registered for GST.

How to fill out b a s i?

BASI can be filled out online on the ATO website or through a tax professional.

What is the purpose of b a s i?

The purpose of BASI is to report and pay GST, pay as you go (PAYG) instalments, and other taxes to the Australian Taxation Office (ATO).

What information must be reported on b a s i?

Information such as total sales, GST collected, GST paid, and other tax-related details must be reported on BASI.

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