Learn about Xero’s new activity statement for Simpler BAS.
About Simpler BAS
From 1 July 2017, Simpler BAS is the default reporting method for businesses with a GST turnover of less than $10 million. The ATO has more information about Simpler BAS eligibility and GST reporting methods (ATO website).
We’ve created a new activity statement in Xero for this reporting method.