Businesses in Australia can install the following reports:
If you are a business registered for GST you need to lodge a business activity statement (BAS). GST Calculation Worksheet allows you to work out GST amounts for your business activity statement (BAS). If you are a business, you use a BAS to:
Use PAYG payment summary — individual non-business for payments to payees who:
Single Touch Payroll (STP) is a new way of reporting tax and super information to ATO.
ATO claims there will be no penalties for mistakes, missed or late reports for the first year.
You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a business providing:
The TPAR tells ATO about payments that are made to contractors for providing services. Contractors can include subcontractors, consultants and independent contractors. They can be operating as sole traders (individuals), companies, partnerships or trusts. ATO uses this information to identify contractors who haven't met their tax obligations.