Why use a BAS agent?
A BAS agent is a specialist tax professional who is qualified to provide BAS services to businesses.
Your BAS agent can keep your business records up to date, lodge your BAS with ATO, provide payroll services and make sure you have reliable data and reports to help you save time, gain peace of mind and improve your business.
BAS services
BAS agents can represent a client in their dealings with the ATO, ascertain and advise on their liabilities, obligations or entitlements under a BAS provision and assist with keeping the required business accounting records.
BAS services are defined in the Tax Agent Services Act 2009 (TASA) and include:
- Applications for ABN
- Advising on registration for GST, PAYG withholding and fuel tax credits
- Setting up accounting software with GST codes
- Allocating transactions and GST
- Advising on GST and payroll liabilities
- Calculating claims for fuel tax credits
- Preparing and lodging activity statements and BAS
- Advising on PAYG withholding and superannuation obligations for employees
- Preparing and lodging TPAR reports
- Reporting payroll information through STP enabled software
A BAS agent:
- Must be registered with the Tax Practitioners Board and comply with the professional code of conduct. The code consists of 17 key ethical and professional standards.
- Has obligations to be professional, honest, independent and competent.
- Is required to meet ongoing experience and education requirements to ensure they keep up to date with changes.
Benefits to you
By engaging the services of a qualified tax professional you can be assured that your business accounting records are in capable hands. Save time on your record keeping tasks so that you can focus on other aspects of your business.
Your BAS agent can keep your business records up to date, provide BAS services and make sure you have reliable data and reports so that your accountant has good quality financial information to prepare your tax return and provide the most beneficial advice for tax planning and business growth.
You can be confident that:
- your agent is fully qualified and bound by a professional code of conduct.
- your agent has the knowledge and skills to provide relevant reports, feedback and guidance.
- you can enjoy extended lodgement dates for your BAS statements.
Is your tax practitioner registered?
- The Tax Practitioners Board (TPB) maintains a register of tax agents and BAS agents.
- Use this link to check if your tax or BAS agent is registered with TPB:
Complaints and breach reports
The Tax Practitioners Board (TPB) welcomes complaints:
- about registered tax practitioners relating to tax agent or BAS services they provide.
- about someone advertising or providing tax agent services for a fee that is not registered with them.
Use this link to report a complaint to TPB:
Do you worry about getting your GST, BAS and payroll right?
Would you like to:
- Save time on your record keeping so you have more time to focus on other aspects of your business?
- Gain peace of mind by effortlessly meeting your GST and payroll reporting obligations?
- Have reliable data and reports to help you to understand how your business is performing, manage your cash flow, make more informed decisions and improve your business?
I’m Sharon, a registered BAS agent with more than 20 years' experience in the industry.
Get in touch to find out how I can support you and your business to stay on top of your numbers for business success.