AVOIDING THE USUAL GST ERRORS
It is common for businesses to make GST errors in their BAS. The majority of these
mistakes are unintentional..
The ATO recently reviewed all of the BAS adjustments made as a result of auditing and revealed that over 80% were the result of inadvertent GST mistakes.
Examples of common mistakes include: clerical errors such as duplications or accidental omissions, sales being incorrectly recorded as GST free, or accidentally recording a GST-free sale as taxable.