What is a BAS Agent?
Anyone providing BAS services for a fee, must be registered with the Tax Practitioners Board. Once a BAS Agent is registered, they are able to perform BAS services such as working out or advising businesses regarding liabilities, obligations and entitlements.
A bookkeeper who is not a registered BAS agent is able to assist with general bookkeeping duties, however, unable to complete and submit a Business Activity Statements, Instalment Activity Statements, PAYG statements etc, on a clients behalf.
Why should I use a registered BAS Agent?
Using a registered BAS Agent provides you with:
• consumer protection through professional indemnity insurance
• extended tax and BAS lodgement due dates
• experienced and qualified agents who comply with a professional code of conduct.
To check if an agent is registered, just enter their details in the www.tpb.gov.au register or look for the registered practitioner symbol.
