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 or renewal of registration.
This course covers the following key areas:
ØIntroduction to Goods and Services Tax (GST)
ØBusiness Activity Statements (BAS) compliance and other requirements
ØGST adjustments and corrections
ØPay as you go (PAYG) income tax instalment
ØPay as you go (PAYG) tax withheld
ØFringe benefits tax (FBT) instalment
ØLuxury car tax (LCT)
ØWine equalisation tax (WET)
ØFuel tax credits
ØInstalment Activity Statements
ØManual BAS preparation
ØEnter the transactions in MYOB and complete the BAS
ØMake necessary adjustments and corrections in BAS