🇦🇺Australia

ATO BAS Lodgement Penalties

2 verified sources

Definition

GST-registered businesses (turnover > AUD 75,000) must lodge BAS on time; failure incurs minimum penalties of AUD 222 per statement, escalating with repeated delays.

Key Findings

  • Financial Impact: AUD 222 minimum fine per late BAS lodgement; up to AUD 1,110 for repeated failures
  • Frequency: Quarterly or monthly for GST-registered firms
  • Root Cause: Manual deadline tracking and preparation errors in regulatory filing process

Why This Matters

The Pitch: Office administration players in Australia 🇦🇺 waste AUD 222+ per late BAS on penalties. Automation of BAS lodgement eliminates this risk.

Affected Stakeholders

Accounts Payable Clerk, Office Manager, Compliance Officer

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

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

Evidence Sources:

Related Business Risks

ASIC Late Notification Fines

AUD 93 late fee per notification; additional civil penalties up to AUD 1,100+

Annual Review Fee Late Penalties

AUD 96+ late fees added to annual review fee (AUD 310 base for proprietary companies)

Manual STP Phase 2 Reporting Delays

20-40 hours/month manual payroll reporting and verification

Diebstahl und Schwund von Büroanlagen durch fehlende Inventurkontrollen

Quantified (logic-based): For a business holding AUD 500,000 of office and IT equipment over a 3–5 year cycle, 1–3% loss through theft/shrinkage equates to AUD 5,000–15,000. For larger multi‑site organisations with AUD 2m in office assets, this rises to AUD 20,000–60,000 in economic loss.

Überhöhte Wartungs- und Ersatzbeschaffungskosten durch mangelhafte Anlageninventur

Quantified (logic-based): For a mid‑size office with AUD 200,000 annual spend on office equipment, maintenance and small plant, a conservative 5–10% avoidable cost due to poor asset inventory equals AUD 10,000–20,000 per year. In multi‑site operations spending AUD 800,000, the avoidable portion rises to AUD 40,000–80,000 annually.

Verlust von nicht ausgeschöpften Mitteln und ineffizienten Jahresend-Ausgaben

Quantified: ~1–3% des zugewiesenen Budgets als verfallene Mittel oder ineffiziente Jahresend-Ausgaben (≈AUD 20,000–150,000 p.a. bei einem Budget von AUD 2–5m).

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