of clothes, you'd have to register for GST because your GST turnover is over the
$75,000 threshold. This rule still applies, even if you only get to keep $40,000.
How often are businesses required to lodge BAS statements?
Please explain your answer.
Quarterly: The business can lodge the BAS quarterly if they have GST turn over less
than $20 million. if you report and pay quarterly, you use one of three reporting
Annually: The business can lodge the BAS annually if they are: