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B A S I C T R A I N I N G | Practice 1TH06/2023 I
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What is b a s i?
B A S I stands for Business Activity Statement Identifier.
Who is required to file b a s i?
Businesses in Australia are required to file a B A S I.
How to fill out b a s i?
B A S I can be filled out online using the Australian Taxation Office's online portal.
What is the purpose of b a s i?
The purpose of B A S I is to identify and track business activity for tax purposes.
What information must be reported on b a s i?
Information such as sales, expenses, and GST must be reported on a B A S I.
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