Business Accounting & BAS Lodgement Central Coast
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Central Coast BAS Lodgement
NLJ Partners offers BAS lodgement, business accounting and advisory services and higher-level assistance from our Wyong office, as well as virtually for remote clients. We support Central Coast businesses with ongoing financial reporting, trust structures and compliance with ATO requirements.
BAS Preparation & Lodgement
We prepare and lodge Business Activity Statements for GST, PAYG and other tax obligations. Services are tailored to your business cycle—monthly, quarterly or annually—based on ATO guidelines.
Support for Business Structures
Our services cover a range of entities including companies, sole traders and trusts. We help businesses meet financial reporting requirements relevant to their specific structure and obligations.
Accurate Transaction Reporting
We ensure transactions are recorded correctly using compliant software. This supports consistent record keeping and accurate data for ATO lodgements and general financial decision-making.
What Our Clients Say
Trusted Support for Business Accounting
We assist with end-to-end accounting and advisory, including reconciliations, journal entries and reporting. Our services help business owners stay organised and aware of their financial position.
From trust accounting to ongoing BAS reporting, our work aligns with current ATO standards. Call (02) 4393 2733 to speak with a qualified accountant about your business accounting needs.
BAS Accounting for All Entities
We manage BAS preparation and lodgement for sole traders, partnerships, companies and trusts (and SMSFs where registered), ensuring the right items are reported for your registrations. Each entity is handled under its own ABN with separate ledgers and source records, so coding, reconciliations and lodgement figures remain accurate and auditable. We reconcile sales, purchases and payroll data to ATO labels, review capital vs revenue treatment, and align trust or partnership allocations with governing documents to avoid compliance issues. Our process includes calendar management, variance checks and clear workpapers, to ensure every BAS is submitted on time with confidence.
PAYG Instalments
PAYG instalments are prepayments of your income tax, calculated by the ATO from your prior-year results and paid on a monthly or quarterly cycle via your BAS or IAS. Alongside instalments, your BAS typically reports GST (usually quarterly) and PAYG withholding for employees (often monthly), with the exact lodgement cycle set by the ATO for your account. You can generally choose to pay by instalment amount or instalment rate, and you may vary an instalment when your business performance changes to avoid under- or over-paying. We review your registrations, prepare each lodgement, and plan cash flow to ensure your GST, PAYG withholding and PAYG instalments are accurate and on time.
Frequently Asked Questions
What is a Business Activity Statement (BAS)?
A Business Activity Statement (BAS) is a report businesses lodge with the ATO to declare and pay various taxes, including Goods and Services Tax (GST), Pay As You Go (PAYG) withholding, and other obligations. The ATO requires most GST-registered businesses to lodge a BAS either monthly, quarterly or annually, depending on turnover and other factors. Each BAS must be completed accurately and submitted by the due date to avoid penalties.
What accounting records are needed for BAS?
To complete a BAS accurately, businesses must keep records of all income, expenses, GST collected, and GST paid on purchases. This includes invoices, receipts, payroll records and bank reconciliations. These documents should be recorded using compliant accounting software and must be kept for at least five years. Accurate records support correct tax calculations and reduce audit risks.
Beyond GST, what additional items can appear on a BAS?
A BAS can also include PAYG withholding on employee wages and PAYG income tax instalments, depending on your registrations. You may report fuel tax credits for eligible business fuel use, luxury car tax if you sell or import vehicles above the LCT threshold, and GST on imported goods. Your exact obligations depend on what the ATO has set for your account, so check ATO Online Services or speak with your accountant for confirmation.
How often should I lodge a BAS?
For most small and medium businesses, BAS is lodged quarterly for GST. If you withhold tax from employees, PAYG withholding is usually reported monthly. The ATO may place your business on a different cycle (e.g., monthly BAS or annual GST for eligible small businesses), so always follow the lodgement frequency shown in your ATO online services or correspondence. Speak with your accountant to confirm your cycle and ensure each lodgement is accurate and on time.
