Are you ready for the ATO’s changes that require electronic lodgement of Activity Statements?
From 1 July 2014, once the ATO receives an electronic lodgement of a Business Activity Statement or Instalment Activity Statement they will no longer send the paper statements. Future statements will be issued electronically.
Electronic lodgement includes through the following sources:
- ATO Business Portal
- Electronic Commerce Interface
- Tax Agent Electronic Lodgement Service
If you are currently utilising our tax agent services to lodge your activity statements it will mean you will no longer receive paper copies of the statements.
If you continue to lodge the paper statements with the ATO, you will not be affected by these changes.
Options for electronic lodgement of BAS’s
The ATO has provided a private and secure way of receiving and lodging your electronic activity statements, called the Business Portal.
You will be provided with a secure AUSkey log-in that will allow you to view outstanding activity statements, complete the activity statements electronically and lodge the statements electronically.
The ATO will require proof of ID when setting up the Business Portal log-in, and you will need to register each of your entities as required.
If you require more information regarding setting up the Business Portal, or the changes to the paper lodgements please contact this office and we can assist with the process.
More information can be found on the ATO’s website at the following links:
- https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Lodgment-and-payment/Paper-activity-statements-to-stop-for-electronic-lodgers/
- https://www.ato.gov.au/business/business-portal/
If you have any questions please contact Chris Smith
