Question

Once you have prepared the GST calculation sheet and the draft BAS, what further action would you take? 1 sentence

(must be in reference to Australian Tax)

Answer 1

Once you have prepared the GST calculation sheet and the draft Business Activity Statement (BAS) then the next action is lodging your activity statement and paying the tax office. You can lodge and pay electronically or by mail but you need to do this on time to avoid interest and penalties.

Note: As the question specifically requires answering in 1 sentence hence brief answer is given. Kindly let me know in comment section in case you want to understand the detailed process of lodging the BAS and payment of tax to Australian tax authority (ATO).