BAS Lodgement Guide Australia 2025: Due Dates, PAYG & How to Lodge | IntuitiveCalc
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BAS Lodgement Guide Australia 2025: Complete Due Dates & PAYG Guide

IntuitiveCalc Team

Financial Content Specialist

Published: 7 January 2025
12 min read
Business owner preparing BAS lodgement and tax documents

Business Activity Statements (BAS) are a critical part of running a business in Australia. If you're registered for GST, PAYG withholding, or PAYG installments, you need to lodge BAS regularly to report your tax obligations. This comprehensive guide covers everything you need to know about BAS lodgement - from due dates to step-by-step instructions.

What is a BAS?

A Business Activity Statement (BAS) is a form submitted to the ATO to report and pay several tax obligations including GST, PAYG withholding, PAYG installments, and other taxes. Most small businesses lodge BAS quarterly, while larger businesses lodge monthly.

1. Who Needs to Lodge a BAS?

You need to lodge a BAS if you're registered for any of these:

Registration Who Registers What You Report
GST Turnover $75,000+, or voluntary GST collected and GST credits
PAYG Withholding Businesses with employees Tax withheld from employees
PAYG Installments Business/investment income Pre-payments of income tax
FBT Installments Businesses with FBT liability Fringe benefits tax installments
Wine Equalisation Tax Wine producers/wholesalers WET collected
Fuel Tax Credits Eligible fuel users Fuel tax credit claims

2. BAS Lodgement Frequency

Quarterly vs Monthly Lodgement

GST Turnover Frequency Due Date
Under $10 million Quarterly 28th of month after quarter ends
$10 million or more Monthly 21st of following month
$20 million or more Monthly (electronic only) 21st of following month

Voluntary Monthly Lodgement

Small businesses can opt for monthly BAS lodgement if they prefer more frequent reporting. This can help with cash flow planning and avoids large quarterly payments. Contact the ATO to change your lodgement cycle.

3. BAS Due Dates 2024-25

Quarterly BAS Due Dates

Financial Year 2024-25 Quarterly Due Dates

Quarter Period Due Date (Self) Due Date (Tax Agent)
Q1 July - September 2024 28 October 2024 25 November 2024
Q2 October - December 2024 28 February 2025 28 February 2025
Q3 January - March 2025 28 April 2025 26 May 2025
Q4 April - June 2025 28 July 2025 25 August 2025

Note: If the due date falls on a weekend or public holiday, the due date is the next business day.

Monthly BAS Due Dates

Monthly BAS Due Dates (2024-25)

Month Due Date
July 2024 21 August 2024
August 2024 21 September 2024
September 2024 21 October 2024
October 2024 21 November 2024
November 2024 21 December 2024
December 2024 21 February 2025
Month Due Date
January 2025 21 February 2025
February 2025 21 March 2025
March 2025 21 April 2025
April 2025 21 May 2025
May 2025 21 June 2025
June 2025 21 July 2025

4. Understanding BAS Labels

BAS forms use specific labels to identify different types of information. Here's what the key labels mean:

GST Section

Label Description How to Calculate
G1 Total sales All sales (GST, GST-free, input-taxed)
G2 Export sales Sales to overseas customers
G3 Other GST-free sales GST-free domestic sales
G10 Capital purchases Equipment, vehicles, property
G11 Non-capital purchases Stock, supplies, services
1A GST on sales Calculated: (G1-G2-G3) ÷ 11
1B GST on purchases Calculated: (G10+G11) ÷ 11

PAYG Withholding Section

Label Description
W1 Total salaries, wages and other payments
W2 Amount withheld from W1 payments
W3 Other amounts withheld (no-ABN, voluntary)
W4 Total PAYG withheld (W2 + W3)

PAYG Installments Section

Label Description
T1 Installment income (business/investment)
T2 ATO-calculated installment rate
T7 ATO-calculated installment amount
T8 Reason code (if varying)
T9 PAYG installment amount payable

5. How to Lodge Your BAS

Option 1: Online via myGov/ATO Online

Step-by-Step Online Lodgement

  1. Step 1: Log into myGov and go to ATO Online Services
  2. Step 2: Select "Business" from the menu
  3. Step 3: Click "Activity Statements" then "Lodge"
  4. Step 4: Select the BAS period to lodge
  5. Step 5: Enter your figures in each label
  6. Step 6: Review the calculated amounts
  7. Step 7: Submit and note the receipt number
  8. Step 8: Pay by the due date

Option 2: Through Accounting Software

Most accounting software can lodge BAS directly to the ATO. This is the most efficient method as it calculates figures automatically.

Popular Software with BAS Lodgement

Software BAS Feature Cost
Xero Auto-calculates and lodges directly From $15/month
MYOB Generates BAS, can lodge directly From $13/month
QuickBooks BAS preparation and lodgement From $10/month
Reckon BAS preparation From $15/month

Option 3: Through a BAS Agent or Accountant

Benefits of Using a BAS Agent

  • Extended due dates - Tax agents get extra time to lodge
  • Expert review - Catches errors before submission
  • Tax advice - Optimize your GST position
  • Time savings - Focus on running your business
  • ATO liaison - They handle any queries

6. PAYG Withholding Explained

If you have employees, you must withhold tax from their wages and report it on your BAS.

Who Must Register for PAYG Withholding?

  • Businesses with employees
  • Businesses making payments to contractors without ABN
  • Businesses making payments under voluntary agreements
  • Businesses required to make director payments

PAYG Withholding Calculation

Example: Employee Earning $1,500/week

Gross wages $1,500.00
Tax withheld (from tax tables) $283.00
Net pay to employee $1,217.00
Quarterly withholding (13 weeks) $3,679.00

This amount is reported at W2 on your BAS and paid to the ATO.

7. PAYG Installments Explained

PAYG installments are regular pre-payments toward your expected income tax liability. The ATO may put you on PAYG installments based on your business or investment income.

Installment Amount vs Installment Rate

Installment Amount (Option 1)

ATO calculates a fixed quarterly amount based on your last tax return.

  • Predictable payments
  • Good for stable income
  • Can vary if income drops

Installment Rate (Option 2)

ATO provides a rate to multiply by your actual quarterly income.

  • Adjusts with income
  • Good for variable income
  • Requires tracking income

Varying Your Installments

When to Vary

You can vary your PAYG installment if your income has significantly changed. Common reasons:

  • Business income dropped significantly
  • Sold a large asset last year (one-off income)
  • Changed business structure
  • Major business disruption

Warning: If you vary too low and underpay, you may face interest charges. Only vary if genuinely expecting lower income.

8. BAS Example: Small Business

Quarterly BAS Example: Cafe Business

GST Section
G1 - Total sales $88,000
G2 - Export sales $0
G3 - Other GST-free sales $0
G10 - Capital purchases $5,500
G11 - Non-capital purchases $33,000
1A - GST on sales ($88,000 ÷ 11) $8,000
1B - GST on purchases ($38,500 ÷ 11) $3,500
PAYG Withholding Section
W1 - Total wages paid $45,000
W2 - Tax withheld from wages $9,450
Summary
Net GST payable (1A - 1B) $4,500
PAYG withholding (W2) $9,450
Total BAS Payment $13,950

9. Payment Options

How to Pay Your BAS

Payment Method Processing Time Notes
BPAY Same day Use biller code from BAS
Direct Debit Same day Set up in ATO Online
Credit Card Same day 0.5% surcharge applies
EFT 1-2 business days Use ATO bank details + reference
Australia Post 1-2 business days Cash/EFTPOS at post office

Payment Plans

Can't Pay in Full?

If you can't pay your BAS by the due date, contact the ATO immediately to arrange a payment plan. Interest will apply to late payments, but penalties are reduced if you lodge on time and engage proactively.

10. Penalties for Late Lodgement

Failure to Lodge (FTL) Penalties

Business Size Penalty per 28 days late Maximum Penalty
Small (turnover <$1m) $313 $1,565 (5 periods)
Medium ($1m-$20m) $626 $3,130 (5 periods)
Large ($20m+) $1,565 $7,825 (5 periods)

Plus interest charges (GIC rate) on any late payments.

Related Resources

Stay on Top of Your BAS

Regular BAS lodgement is essential for business compliance. Set calendar reminders, use accounting software to track your figures throughout the quarter, and lodge on time to avoid penalties. If you're unsure about any aspect, consult a registered BAS agent or accountant.

Disclaimer: This guide provides general information only. BAS requirements can vary. Consult a registered BAS agent or tax professional for advice specific to your circumstances.