Frequently Asked Questions about
Simpler BAS & GST Codes
These are some of the most commonly asked questions about.
If you can’t see an answer to your question, please feel free to contact us and we’ll be happy to help.
Q. What is Simpler BAS?
- BAS Excluded
- GST Free Expenses
- GST Free Income
- GST on Expenses
- GST on Income
- GST on Imports
Xero archives these advanced tax rates:
- GST on Capital
- GST Free Capital
- Input Taxed
- GST on Capital Imports
- GST Free Exports
Custom rates you’ve created aren’t affected.
You don’t need to do anything to access Simpler BAS reporting. If you lodge online and are eligible for Simpler BAS the ATO will automatically send you a BAS requiring less GST information.
You will only need to complete the G1 Total Sales, 1A GST on Sales, 1 B GST on Purchases.
Small businesses with a GST turnover of less than $10 million are eligible for Simpler BAS.
Q. Is there GST on Hall Hire?
Hire of a hall is subject to GST unless the amount charged is less than 50% of market rent.
GST is not charged for transactions between entities eg Uniting Churches & Uniting Church Organisations, Anglican Churches & Anglican Organisations. You should use BAS Excluded for these transactions.