AAP General News (Australia)
02-07-2001
Fed: Fix BAS soon, say Democrats
CANBERRA, Feb 7 AAP - The federal government must simplify the GST-related Business
Activity Statement (BAS) urgently, the Australian Democrats said today.
Treasurer Peter Costello yesterday left the way open for a simpler GST reporting system,
but ruled out any major changes for at least six months.
Mr Costello has sought to quell backbench and small business anger over the contentious
BAS requirements, promising substantial simplification once the transition period of the
New Tax System was over.
He made it clear that quarterly GST payments would …
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