DIFFERENCE bas & gst

What is the difference between BAS & GST?

GST is a Goods and Services Tax – It is the 10% you add to your invoices and charge your customers.

BAS is a Business Activity Statement – the return you lodge with the Australian Tax Office to report on the amount of GST you have charged and paid.\

If you are registered for GST then you must charge GST and you must report the GST you have collected to the ATO.