smallbusiness

10 Common Mistakes to Avoid when Preparing Your Business Activity Statement

10 Common Mistakes to Avoid when Preparing Your Business Activity Statement

As a small business owner, you are responsible for ensuring you meet all your business GST obligations.  If your turnover is more than $75,000 a year you are required to be registered for GST. I have prepared a short, easy to read article on some of the more common mistakes or myths around the Business Activity Statement.