# BAS Quarterly Return - FY2025-26

## Calculation Summary

For a business with GST-taxable sales and purchases at the standard 10% rate, where each GST-inclusive amount contains GST of one eleventh of the total:

**Given amounts:**
- Total sales (GST-inclusive): $110,000
- Total purchases (GST-inclusive): $66,000
- Gross wages: $40,000
- PAYG withholding rate: 20%

## Line-by-line calculations

**G1 - Total sales (GST-inclusive)**
- G1 = $110,000

**1A - GST on sales**
- GST = Sales ÷ 11
- 1A = $110,000 ÷ 11 = $10,000

**1B - GST on purchases**
- GST = Purchases ÷ 11
- 1B = $66,000 ÷ 11 = $6,000

**W2 - PAYG withheld from wages**
- W2 = Gross wages × withholding rate
- W2 = $40,000 × 20% = $8,000

**Net amount payable to ATO**
- Net = (1A - 1B) + W2
- Net = ($10,000 - $6,000) + $8,000
- Net = $4,000 + $8,000
- Net = $12,000

## Final answers

| Line item | Amount |
|-----------|--------|
| G1 | $110,000 |
| 1A | $10,000 |
| 1B | $6,000 |
| W2 | $8,000 |
| Net payable | $12,000 |

The business owes the ATO a net amount of **$12,000** for the quarter.