GST/PAYG Profile for the taxpayer

These details comprise the summary of all GST/PAYG information relevant to each taxpayer.

The GST/PAYG information is automatically updated with FBT, PAYG Instalment and PAYG Withholding amounts when a Statement is updated to lodged, either manually or from an ELS Validation report.

(AE, Series 6 & 8) A number of master Flexi Reports are available to report on GST/PAYG data. The reports only include returns that have GST/PAYG information attached.

General Information

Select from the checkboxes and lists for the General details:

• Annual election lodged?: Tick this option as required and if an annual election is lodged.

• Taxpayer grouped for GST purposes?: Enter Y (for yes) if the taxpayer is grouped or enter N (for no) if the taxpayer is not grouped for tax purposes.

• Taxpayer registered as Partner in a Partnership?: Enter Y (for yes) if the taxpayer is a partner in a Partnership. Enter N (for no) if the taxpayer is not a partner in a Partnership.

• Taxpayer registered as Beneficiary of a Trust?: Enter Y (for yes) if the taxpayer is registered as a beneficiary of a Trust. Enter N (for no) if the taxpayer is not registered as a beneficiary of a Trust.

• Activity Statement lodged by Taxpayer?: Enter Y (for yes) if the taxpayer has lodged an Activity Statement. Enter N (for no) if the taxpayer has not lodged an Activity Statement.

• Withholding obligations?: Enter Y (for yes) if the taxpayer has withholding obligations. Enter N (for no) if the taxpayer has no withholding obligations.

• FBT obligations?: Enter Y (for yes) if the taxpayer has FBT obligations. Enter N (for no) if the taxpayer has no FBT obligations.

Options

Monthly/Quarterly/Annual lodger?: Enter M for Monthly Statement, Q for Quarterly Statement or A for Annual Statement or select N/A.

Taxpayer registered for GST on a cash or accruals basis?: Enter C for the cash accounting method or A for the accruals method or select N/A.

Quarterly Taxpayer GDP Adjusted or Instalment Rate method?: Enter G (for GDP Adjusted method) or I (for Instalment Rate method) or select N/A.

Method of Preparation of BAS: Nominate which of the BAS measure applies to the taxpayer from the choices:

• GST Calculation Sheet (Method 1)

• GST derived from Accounts (Method 2)

• Simplified GST - quarterly (Method 3)

• Simplified GST/PAYG Instalment Amounts - A1 and/or A5 quarterly only (Method 4).

Method of Preparation of IAS: Nominate which IAS measure applies to the taxpayer from the choices:

• Continue as you have been lodging - T Labels and 5A (Method 1)

• Use the simplified PAYG Instalment - Label 5A only (Method 2).

One or more of these options may be selected as appropriate:

Other information shown with the General Details but not edited here is:

• Accounting Period: First and last date of the accounting period are displayed.

• ABN:

• Div:

The Period End date of the statement is used to determine which fields should be updated, per the following table: