The activity statement allows you to report your obligations and pay for a number of taxes, including:
Businesses are required to lodge a business activity statements (BAS) monthly, quarterly or annually based on the turnover of the business. For Businesses with less than $2 million turnover it can choose annual frequency. Businesses with less than $20 million annual turnover and less than $25,000 annual PAYG withholding can lodge and pay quarterly. Businesses with figures that exceed one or both of those thresholds will have at least some monthly lodgement obligations.