As a sole trader your Business Activity Statements (BAS) need to be lodged with the Australian Tax Office (ATO) either monthly or quarterly and these figures need to be reconciled with your annual taxation return to ensure that your record keeping is up to scratch. QTax is here to help you get you BAS and Tax returns completed accurately so that you can minimise any issues caused by discrepancies. The added benefit is that you get you individual tax return done for free if we prepare all of your BAS statements for a year. To be eligible for GST credits and BAS reporting you need to ensure you have your ABN and that you are GST registered, you can optionally register even if you do not meet the turnover threshold, please discuss with us the benefits of doing so in your particular circumstance. QTax are able to help you with your ABN application and also your GST registration to ensure that you are fully compliant. Remember, QTax are here to help you as required, QTax Making Tax Easy.