Don't stress about your Overdue BAS Statement. Give it to us!

We’ll get your bookkeeping and overdue BAS statement up-to date quickly (and keep it that way).

Don’t stress about your Overdue BAS Statement. Give it to us!

We’ll get you up-to date quickly and keep you that way.

 

Bookkeeping Clients Have at least one Overdue Business Activity Statement

Don’t feel bad. You’re ‘normal’.

You are a brilliant and competent business owners. An expert it your field. Your not a bookkeeper (and that’s a good thing). ANY business owner can get behind in their bookkeeping and end up with an overdue BAS statement. 

In fact, 90% of our new bookkeeping clients have at least ONE overdue BAS when they first start working with us. So you’re not alone.

So how did you get an overdue BAS in the first place?

Did you let an inexperienced person do your books? It’s possible that the inexperienced person who messed was you. Don’t worry, it happens a lot more than you think.

Did you get so busy running the business that you simply forgot? Now have an overdue BAS statement (or two). It’s ok, we can speak to the ATO for you, and bring you up-to-date.

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New Clients With An Overdue BAS

What Does An Overdue BAS Cost You & Your Business?

Many business owners know they need to lodge but they put it off becuase they know they haven’t put aside funds to make the payment. Often it’s the worrying about how much GST is actually owed that leads to procrastinating.

When new clients come to us, often they are worrying about getting a failure to lodge on time penalty from the Australian Taxation Office (ATO), or being charged interest. And often they are also concerned about how much they are going to have to pay a bookkeeper or accountant (in fees) to fix it.

When your BAS is overdue, the worst thing you can do is worry and put it off even longer. As you wait your bookkeeping is getting more-and-more behind meaning there will be a FAR bigger costs than simply financial. Here’s a few of the symptoms, issues, causes and costs of overdue BAS statements, or getting behind in your bookkeeping.

Symptoms

  • Awake at night thinking about overdue BAS.
  • Worrying about how much you owe ATO.
  • Procrastinating about getting started.
  • Feeling anxious in your business.

Issues

  • 3+ months behind in your bookkeeping.
  • 1+ overdue BAS statement or tax return.
  • Xero balances don’t seem right.
  • Paid bills listed as unpaid.
  • Not sure who owes you money.
  • Don’t know where to start.
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Causes

  • Inexperienced person doing you bookkeeping.
  • No proper systems for paperwork & transactions.
  • Data file set up wrong.
  • No time to spend on your bookkeeping.
  • Too busy that you forgot.
  • Not aware of the lodgement due dates.

Costs

  • Fairwork or ATO fines.
  • Having to lodge amendments.
  • Making decisions based on incorrect figures.
  • Bankruptcy and legal action.
  • Stress and anxiety.
  • Distraction from more important things.

The Good News About Your Overdue GST Return

There is good news at the end of the day when it comes to overdue BAS. And that is, our competent, and professional team can fix up your accounts, get everything up to date, set you up with an electronic filing system so you can easily send us your receipts and invoices.

We can even speak to the ATO for you, arrange a payment plan (if needed) and we can also help you to know what to put aside in regular savings to make sure it doesn’t happen again.

Give us a call on (03) 8518 4002 or make a time to chat.

 

Stop Stressing About Your Overdue BAS Statement!

Let one of our professional bookkeepers get your overdue BAS statement prepared and lodged quickly.