Did you know that from the 1st July new ATO rules applied for small businesses with a turnover under $10 million?
You will only need to report on Total Sales, GST on Sales and GST on Purchases
Here is the link to the ATO website:
https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/Goods-and-services-tax-(GST)/Simpler-BAS/
