Course Description

This course describes the performance outcomes, skills and knowledge required to process business taxation requirements related to Business Activity Statements (BAS) and Instalment Activity Statements (IAS), including the completion of Activity Statements.

This course meets the Australian Tax Practitioners Board (TPB) educational requirements for BAS Agent registration and renewal of registration.

Skills Covered

This course covers the following key areas:

Introduction to Goods and Services Tax (GST)

Business Activity Statements (BAS) compliance and other requirements

GST adjustments and corrections

Pay as you go (PAYG) income tax instalment

Pay as you go (PAYG) tax withheld

Fringe benefits tax (FBT) instalment

Luxury car tax (LCT)

Wine equalisation tax (WET)

Fuel tax credits

Instalment Activity Statements

Manual BAS preparation

Enter the transactions in MYOB and complete the BAS

Make necessary adjustments and corrections in BAS

Accredited Courses FNSBKG404A Carry Out Business Activity & Instalment Activity Statement Tasks