BAS lodged on time, every time. Based on data you can trust.
Accurate BAS preparation and lodgement based on fully reconciled books. No quarter-end panic.
Valont prepares and lodges BAS and IAS for Australian SMEs as a registered BAS agent, from books its own team reconciles each week. GST, PAYG withholding and PAYG instalments are checked every quarter against the ATO's current dates, and the year-end return goes to your accountant on clean records.
By Nick Lucock, Chief Executive Officer, ValontPublished 14 Mar 2026Last reviewed 10 Aug 2026
Key facts, current as at 14 Oct 2026
| Fact | Value | Source | As at |
|---|---|---|---|
| Who may provide BAS services for a fee | Only a BAS or tax agent registered with the Tax Practitioners Board (Tax Agent Services Act 2009); registration is checkable on the public register | Tax Practitioners Board, public register | 14 Oct 2026 |
| Valont BAS registration | Registered BAS agent (Tax Practitioners Board); ABN 79 682 227 934 | Valont, about | 14 Oct 2026 |
| Quarterly BAS due dates, FY2026-27 | Q1 28 October 2026; Q2 28 February 2027 (a Sunday, so Monday 1 March 2027); Q3 28 April 2027; Q4 28 July 2027. Registered agents and online lodgers may have later dates | ATO, BAS agent lodgment program 2026-27 | 15 July 2026 |
| Failure to lodge on time penalty, small entity | One penalty unit for each 28 days (or part) a BAS or return is overdue, up to five units; doubled for medium withholders, five times for large | ATO, Failure to lodge on time penalty (last updated 22 Jun 2026) | 14 Oct 2026 |
| Commonwealth penalty unit | $364 for infringements on or after 1 July 2026 ($330 from 7 November 2024 to 30 June 2026) | ATO, Penalty units (last updated 26 Jun 2026) | 14 Oct 2026 |
| GST registration threshold | $75,000 GST turnover ($150,000 for not-for-profit organisations); taxi and ride-sourcing from the first dollar | ATO, Registering for GST | 14 Oct 2026 |
BAS and tax compliance is the preparation and lodgement of a business’s Business Activity Statements, reporting GST, PAYG and other obligations to the ATO, together with the day-to-day record-keeping that keeps those lodgements accurate and on time. Valont prepares and lodges BAS from fully reconciled books as part of your finance hub, one function of a wider connected back office, while your independent accountant continues to handle annual income-tax returns.
BAS quarter arrives and most owners are scrambling.
The books aren't quite reconciled. The data might not be accurate. You get a number from your bookkeeper and you're not confident enough to challenge it but not comfortable enough to just sign off. So you lodge it, hope for the best, and promise yourself next quarter will be different.
Result: late lodgements, penalties, ATO queries, and the creeping dread that one day the ATO will notice you've been getting it wrong.
Without proper BAS management:
- Quarter-end scramble to gather incomplete financial data
- Risk of lodging BAS based on inaccurate or incomplete data
- Late lodgements incur ATO penalties and interest
- ATO queries and compliance notices that demand explanation
- Reconciliation gaps between what you lodge and what your books show
- No coordination with annual tax strategy
BAS preparation that eliminates quarter-end panic.
BAS preparation
Calculated from fully reconciled data. Every figure is verifiable, defensible, and audit-ready.
Learn more →BAS lodgement
Lodged on your behalf through the ATO Business Portal. You review and approve before lodgement.
Learn more →IAS preparation
For businesses with PAYG instalment obligations. Calculated and lodged alongside your BAS.
Learn more →GST reconciliation
Full GST reconciliation ensuring correct treatment of input tax credits, exempt supplies, and capital acquisitions.
Learn more →ATO correspondence
We handle ATO queries, amendment requests, and compliance notices on your behalf.
Learn more →Tax planning coordination
Ongoing coordination with your accountant to ensure BAS positions align with your year-end tax strategy.
Learn more →From current books to lodged BAS in a week.
Books current throughout the quarter
Your books are maintained current and reconciled throughout the quarter, not rushed at the end.
BAS prepared from clean data
BAS is prepared from fully reconciled data with automated checks for common errors and inconsistencies.
Review & approval
You receive the BAS for review with clear explanations of any unusual items or changes from the previous quarter.
Lodged & confirmed
Once approved, we lodge on your behalf and confirm with the ATO. You're compliant before the deadline.
Every Australian business that lodges BAS quarterly.
All businesses
Every Australian business that lodges BAS must ensure accuracy and timeliness
Late lodgers
Businesses that have been lodging late and facing penalties
Complex GST positions
Businesses with input tax credits, exempt supplies, or capital acquisitions
Growing businesses
Expanding teams with PAYG withholding and more complex GST positions
BAS accuracy depends on bookkeeping quality.
Because both your bookkeeping and BAS sit within the Finance Hub, your BAS is prepared from the same data your management reports and cash flow forecasts use. No reconciliation gaps. No confusion. One source of truth for every ATO interaction.
Try it yourself
FreeFree interactive tools to help you understand where you stand right now.
Frequently asked questions
The short answers are here. For anything else, ask below or get in touch.
Yes. If we identify errors in previous lodgements during onboarding, we'll prepare amendments. This is common when we bring books current and find historical miscategorisations.
The honest AI answer
Where does AI fit in accounting and BAS?
AI assembles and checks; a person reviews, and paid BAS or tax work must sit with a TPB-registered practitioner. What the new TPB guidance actually allows:
Read next
Related reading on this site: ATO key dates, bookkeeping, AI BAS preparation and the BAS readiness check.
Changes to this page
- 14 Oct 2026Answer paragraph, sourced key-facts table (FY2026-27 dates, penalty unit from 1 July 2026), byline and dates added (organic programme WS5).
Ready to stop dreading quarter-end?
Get accurate, timely BAS lodgement and full ATO compliance. Book a consultation and we'll show you how to eliminate quarter-end panic forever.