From 1st July 2017, Simpler BAS is the default  reporting method for small businesses with a GST turnover of less than $10 million.

Small businesses only need to report:

  • G1 Total sales
  • 1A GST on sales
  • 1B GST on purchases

Previously when BAS's were being prepared using ELS, you could lodge BAS with all BAS labels regardless of whether Simpler BAS reporting was required or not. SBR format has streamlined the process with the ATO and therefore will not allow lodgement with all the fields for small businesses. 

While preparing AS for entities with turnover less than $10 million, users will need to only complete the labels above otherwise the AS's will fail lodgement and the following error will occur. 

CMN.ATO.AS.EM200 - For simpler BAS lodgement labels G2 or G3 or G10 or G11 must not be provided

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