BAS, IAS, FBT & CGT
Complete Lodgement and Strategic Reporting
Keeping up with your obligations to the ATO can be challenging — especially when acronyms like BAS, IAS, FBT, and CGT are involved. At Alex & Co. Accountants, we simplify complex reporting requirements, helping you lodge on time, stay compliant, and avoid unnecessary penalties.
We don’t just handle forms — we provide expert insight into what your reports mean for your business, so you can move forward with clarity and confidence.
What We Offer
We manage all aspects of ATO reporting and tax obligations — so you never miss a deadline.
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BAS Preparation & Lodgement
We calculate and lodge your Business Activity Statements (BAS) accurately, ensuring correct GST, PAYG, and other reporting.
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IAS Lodgement
We handle your Instalment Activity Statements (IAS), including PAYG withholding for businesses not registered for GST.
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FBT Compliance & Returns
We assess, calculate, and lodge Fringe Benefits Tax returns, covering car benefits, allowances, and salary packaging.
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Capital Gains Tax Advice
We help you understand and manage CGT on investments, properties, and business asset sales with strategic advice.
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ATO Communication & Reporting
We act as your liaison with the ATO, responding to queries and ensuring all reports are lodged without issues.
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Detailed Record Reviews
Before we lodge, we conduct a thorough review of your reports and figures to reduce risks and ensure accuracy.
Built for Busy Businesses Navigating Complex ATO Obligations
ATO reporting is a regular part of business life — and getting it wrong can be expensive. This service is ideal for:
- Small businesses and sole traders needing BAS and IAS support
- Employers offering vehicles, perks, or allowances (FBT)
- Investors or business owners with property or asset sales
- Anyone unsure about tax reporting or CGT obligations
- Businesses wanting full-service ATO lodgement and compliance support
Our team ensures everything is lodged on time, in full, and with confidence — so you can focus on growth, not forms.
Stay Ahead of Compliance
Don’t let tax acronyms trip you up. Let us manage the details so you can focus on what you do best.
Frequently Asked Questions About BAS, IAS, FBT & CGT
Got questions? We’ve answered the most common ones below to help you move forward with confidence.
What’s the difference between BAS and IAS?
BAS (Business Activity Statement) is for businesses registered for GST, while IAS (Instalment Activity Statement) is usually for sole traders or entities not registered for GST but still making PAYG instalments. We assess and lodge both accurately.
How often do I need to lodge BAS?
BAS is typically lodged quarterly, though some businesses may lodge monthly or annually depending on turnover. We’ll set up the right frequency and send you reminders well before the due date.
I’m not sure if I need to pay FBT — how do I know?
If you provide staff with cars, expense reimbursements, entertainment, or salary packaging, FBT may apply. We assess your circumstances and prepare returns to ensure compliance and reduce liability.
What is CGT and when does it apply?
Capital Gains Tax applies when you sell assets like property, shares, or a business. You may be liable if you make a profit on the sale, though exemptions and concessions exist — especially for small business owners.
Can you help with CGT minimisation?
Yes. We help you structure asset sales, time disposals effectively, and apply available exemptions or concessions — including the 50% discount for individuals or the small business CGT concessions.
What happens if I miss a BAS or IAS deadline?
The ATO may apply late lodgement penalties and interest. We can help bring your lodgements up to date, potentially negotiate penalty remission, and implement systems to avoid future delays.
Do you check my reports before lodging?
Always. Every BAS, IAS, FBT, and CGT report is reviewed in detail to ensure accuracy and full compliance. We never lodge without client approval and clear explanations.
