🇦🇺Australia

Delayed GST/BAS Lodgement Penalties

1 verified sources

Definition

Manual handling of attendee payments from various gateways delays accurate GST calculation and BAS lodgement, triggering ATO failure-to-lodge penalties.

Key Findings

  • Financial Impact: AUD 222 per late BAS lodgement (minimum penalty); up to AUD 1,110 for repeated failures
  • Frequency: Quarterly or monthly for businesses with turnover > AUD 20k
  • Root Cause: Fragmented payment data from multiple gateways (Stripe, PayPal) not integrated with ATO reporting

Why This Matters

The Pitch: Events Services players in Australia 🇦🇺 waste AUD 222+ per late BAS on penalties. Automation of payment-to-reporting eliminates this risk.

Affected Stakeholders

Event Organisers, Finance Managers

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

2-5% revenue loss from cart abandonment (industry standard for manual/poor UX registration)

Superannuation Guarantee Shortfalls from Payment Delays

20% SG Charge on unpaid super (e.g., AUD 230 charge on AUD 1,000 shortfall per employee/month)

Verzögerte Meilenstein-Zahlungen durch manuelle Rechnungsstellung

Quantified: 15–30 extra DSO days on 30–40% of revenue, tying up ~A$500k–A$1.5m working capital for a A$5–10m agency → A$25,000–A$150,000 p.a. financing/opportunity cost; plus ~10–20 hours/month of manual reconciliation and chasing payments.

Nicht abgerechnete Zusatzleistungen und Mehraufwände bei Events

Quantified: 2–5% revenue leakage from unbilled extras and scope creep → A$100,000–A$250,000 p.a. on A$5m revenue; plus additional write-offs after client disputes.

Überhöhte Zahlungsgebühren und vermeidbare Transaktionskosten

Quantified: A$2.50 per ticket on low-priced tickets and 5–7% fees on high-value tickets, fully or partially absorbed by the organiser → A$80,000–A$120,000 p.a. for ~40,000 tickets; optimisation can save A$30,000–A$60,000 p.a.

Kundenabbruch durch eingeschränkte Zahlungsoptionen und komplizierte Bezahlprozesse

Quantified: 5–10% potential revenue loss from checkout/payment friction → A$100,000–A$200,000 p.a. on A$2m target ticket revenue; plus extra staffing cost for handling cash/cheques at A$1,000–A$3,000 per large event.

Request Deep Analysis

🇦🇺 Be first to access this market's intelligence