The ATO is reminding taxpayers that it is important to lodge BASs and pay in full and on time to avoid penalties and interest charges.
The BAS for the first quarter of 2024/25 is generally due on 28 October, but taxpayers may receive an extra:
◆ four weeks if they lodge through a registered tax or BAS agent; or
◆ two weeks if they lodge online.
The cost of managing tax affairs is tax deductible for taxpayers, and a registered agent’s help will allow them to focus on running their business.
