ATO BAS Lodgement Penalties
Definition
Think tanks produce reports that may trigger GST if sold or grant-funded, requiring timely BAS lodgement. Delays in production process cause non-compliance.
Key Findings
- Financial Impact: AUD 222 general late lodgement penalty per BAS, up to AUD 1,110 for repeated failures
- Frequency: Quarterly for most, monthly for larger entities
- Root Cause: Manual tracking of report production timelines vs BAS deadlines
Why This Matters
The Pitch: Think Tanks in Australia 🇦🇺 waste AUD 222+ per late BAS on fines. Automation of publication tracking eliminates this risk.
Affected Stakeholders
Finance Manager, Operations Director
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.
Related Business Risks
Superannuation Guarantee Shortfalls
GST Invoice Delays on Report Sales
STP Phase 2 Non-Compliance Fines
ATO Audit Failures & Penalties
Audit Preparation Cost Overruns
Fraud Detection in Audits
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