I am now in a similar position. Having not sent a BAS for some time. I conclude that if I am paying GST, and charging GST then I am happy to square up with ATO, however I am not into paying “income tax”. There appears to be no way on a BAS statement to submit it without including “income”.
I recently attempted to look into the matter via the ATO business portal and had to set up a MYGOV account. There was a section where I had to agree that I was “The person mentioned above”, this was my name in capitals, so, I did not agree.
More to follow.
Anyone doing the same?
I am a sole trader carrying on a business.