Set aside GST and BAS money automatically
GST is one-eleventh of a GST-inclusive price, which is why many GST-registered businesses set aside around 10% of every payment. Bazy does it for you automatically, separating GST and BAS money the moment each payment lands so it is ready when your BAS is due.
Join WaitlistExample incoming payment
$1,100.00
GST / BAS savings
10% of every deposit
$110.00
Stays in your account
90% of every deposit
$990.00
Illustrative percentages only. Choose your own.
How to save for GST and BAS automatically
- 01
Connect your account
Link the business bank account your customers pay into, using secure open banking.
- 02
Set your GST percentage
Choose a percentage to cover GST and any other BAS amounts, such as PAYG instalments.
- 03
Let every payment top it up
Each payment adds to your GST and BAS savings, or goes straight to the ATO as credit.
Why automate your GST savings
Stop BAS bill shock
Your GST and BAS money builds up every time you are paid, not when the quarter ends.
No separate GST account needed
Bazy works with the bank accounts you already have, so there are no new accounts to manage.
Pay the ATO as you go
Send money directly to the ATO to build credit against your upcoming BAS.
| Feature | Manual transfers | Bazy |
|---|---|---|
| Tax money separated the moment you are paid | No | Yes |
| Works with your existing bank account | Yes | Yes |
| Keeps your current accountant | Yes | Yes |
| No transfers to remember after every invoice | No | Yes |
| Can send money straight to the ATO | Yes | Yes |
Frequently asked questions
How can I automatically save for GST and BAS?
Set up a percentage of every payment to be moved aside automatically. Bazy recognises each incoming payment and separates your GST and BAS money instantly.
Do I need a separate bank account for GST?
It isn’t essential, but keeping GST apart from your spending money helps you avoid a shortfall. Bazy can send it to a savings account you already have, or straight to the ATO.
How much GST should I set aside?
GST is one-eleventh of a GST-inclusive price, roughly 9.1%. Many businesses round up to 10% for a small buffer. Your accountant can confirm what suits your BAS.
Bazy helps you set money aside. It isn't tax advice. For guidance on what you owe, speak with your accountant or see:
Start saving automatically today
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