BAS Agent

Why Should I Work With A BAS Agent?

Are you struggling with your BAS responsibilities? Do you find it difficult to tell the difference between PAYG and PAYGI? Are you worried that you’re not up to date with IAS, GST and FBT? If you’re drowning under red tape and compliance responsibilities at the expense of your business and personal life, it’s time to seek professional help from someone who’s qualified to prepare your BAS statements.

Don’t lose sleep worrying about collecting taxes for the Australian Tax Office or lodging your monthly or quarterly returns, let Watson & Watt do it all for you. We’re the accountants SME business trust to prepare and lodge BAS statements Brisbane-wide.

Any business registered for goods and service tax (GST) needs to submit a Business Activity Statement to the Australian Tax Office. This statement enables businesses to report and pay their GST, pay as you go tax instalments and withholding tax as well as other taxes due. However, this is where it gets complicated.

There are various different forms which businesses can complete and although BAS statements are traditionally issued quarterly, some parts of it are required to be submitted annually while others need to be submitted quarterly. Depending on your business structure and income, you may be required to submit your activity statements on an even more frequent basis such as monthly or weekly too!

Before you panic, know that is help at hand. When you have queries or concerns about completing and issuing your BAS or need help filling out your business activity statement, Watson & Watt are your local BAS agent in Brisbane.

As a registered BAS agent, we’ve completed hundreds of business activity statements for clients so we know the form and the requirements inside out and are fully equipped with the knowledge, experience and expertise to handle any BAS query or requirement.

Hassle Free BAS Service

There’s no getting around lodging your BAS. Unfortunately, failure to lodge a business activity statement can result in financial penalties and is highly frowned upon by the Australian Tax Office. With running a small business, you don’t need the extra hassle of paying BAS penalties and getting a telling off from the tax office.

If you dread having to sit down and attempt to complete the various elements of your business activity statements every quarter, it’s time to outsource this tricky task to the experts.

We’re known as the specialists in BAS statements Brisbane wide, helping SMEs from various sectors to ensure on time, accurate preparation and filing of business activity statements every quarter. Even better for you, when you acquire the help of a registered BAS agent to complete your statement, you get an additional four weeks extension to submit your BAS payments – that four week extension can go a long way in easing cash flow for small business owners.

No more worrying about BAS deadlines, confusing the various parts of the business activity statement or paying penalties. As your BAS agent, Watson & Watt take care of every element of the statement preparation and filing. BAS stress, be gone!

Avoid Costly BAS Errors

The various elements of the BAS statement make it far too easy to make costly mistakes. Some of the most common errors include accidental incorrect recording or reporting of financial figures incorrectly, including cent figures (only dollar figures should be included), incorrect calculations and illegible handwriting – easy issues to encounter! Even experienced business owners or those with financial or accounting experience can experience issues with preparing their BAS.

Avoid costly BAS errors by placing your statement preparation responsibilities into the trusted hands of the Watson & Watt team, the leading specialist in business activity statements in Brisbane. We’re thoroughly experienced in this specialist area of bookkeeping, apply incredible attention to detail and can ensure a fast turnaround.

We’ll have your BAS prepared and ready to file before our competitors are even ready to start!

BAS Consultants

If you’re happy to complete your BAS yourself but simply need to someone to consult on certain aspects, we’re also happy help. We can provide consultations for start-ups, providing a thorough overview of the BAS or simply be on the other end of the phone or e-mail when you have any BAS queries.

As your local BAS consultants, we’re always happy to help you out in every way you can.

BAS Accounting in Brisbane 

Every year businesses throughout the country are faced with completing and filing their business activity statements (BAS). While initially, this may seem like a task that can be handled in-house, once face-to-face with this serious legal document, the reality of what is required quickly becomes apparent. If you are getting ready to prepare a BAS for your Brisbane business, then you really need to think seriously about who is going to complete the work. 

At Watson & Watt, we are the help businesses with BAS in Brisbane. Having worked our way up from a family of small business owners, we appreciate that sometimes the budget dictates the choices that you make. However, when it comes to preparing your BAS, choosing an unregistered bookkeeper over a registered agent could cost you more money in the long run. 

Since the ATO regulated the bookkeeping industry a certain professional standard is required for those that complete the BAS for a company. The reason why is because many inexperienced bookkeepers acting in good faith in the past, ended up costing their employers a lot of money as a result of the unprofessional work that they completed. 

A professional was usually required to clean up the mess in the aftermath of the errors being highlighted and this brought both more expense and stress. We want to afford you the chance to avoid these problems and get on with doing what you do best.

Benefits of Hiring a BAS Agent

When you need BAS accounting in Brisbane, the team here at Watson & Watt are your best possible choice. Our tax specialists are motivated to help our clients, whether that is in the completion of the financial duties, or growing their business, or both at the same time. We are a registered Tax Agent, which means that once you hand the task over to us you can feel confident that it will be completed with meticulous attention to detail and absolute precision.

If you have a concern about how well maintained your data file is, or if this is your first time to approach what can be a complicated process, then we are here to relieve you of that burden and get everything into good order. We afford all our new clients a free 30-minute consultation, to begin with, so that we can get a sense of what your needs are, and so that you can learn about the many advantages you stand to gain by working with us. 

You can trust that we adhere rigidly to the Code of Conduct that is in place and will act in a confidential, honest, professional, competent and independent manner. We can keep tabs on your BAS so that each quarter your wages payable, wages expense, super expense, GST, PAYG, super payable and ATO integrated client accounts are fully reconciled.

Talk To Us For Your BAS Questions In Brisbane

If you are tired of worrying about potentially making a mistake when completing your BAS, then seeking out Brisbane’s best is a sure-fire way to handing the job over to the professionals and focusing on your core strengths. Now is the time to take action and avail of the free 30-minute session that we offer. This simple action could prove to make a huge difference and enable you to achieve more with your company.

At Watson & Watt, we are the team that knows how to grow your business and reduce your tax. These two things alone are a recipe for success and one that we hope to put into action for you soon.

If you’d like to learn more about how we can help your business to grow and thrive, get in touch with us by calling 07 3067 3017. We provide our services to all our clients in Queensland including Brisbane & Gold Coast.

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