Lodging your BAS correctly is critical for Australian small businesses in 2025–26, with stricter ATO enforcement and high GIC rates (10.78% p.a.) making late or incorrect lodgements costly. Avoid common mistakes like claiming GST on personal expenses, using incorrect GST codes, or missing PAYG obligations. Learn what BAS is, why it matters, and steps to lodge confidently to protect your business from penalties, audits, and cash flow risks.

s the financial year draws to a close, it’s time to get your books in order. This EOFY wrap-up guide is tailored for Australian tradies and small businesses, covering key compliance tips, deductions, and smart bookkeeping practices to help you close the year strong and start the next one right.