BAS Agent

What does it mean to be a BAS Agent, not just a bookkeeper?

A BAS Agent

• Is required to have a minimum of 4,800 hours of relevant experience
• Is required to have completed at least a Certificate IV Financial Services (Bookkeeping)
• Is required to have Public Liability Insurance
• Is required to complete 45 hours of CPE (Continuing Professional Development) every three year period
• Is registered with the Tax Practitioners Board
• Has access to ATO BAS Agent Portal
• Has access to ATO Professionals Phone Contacts
• Is required to meet all BAS & Tax Obligations within applicable timeframes
• Is able to do contract bookkeeping (to do contract bookkeeping and not be registered as a BAS Agent is illegal and can incur fines and/or imprisonment)