What is a BAS Agent?

The term ‘BAS agent’ is a title protected by law and applies to an individual or entity who meet the requirement of the Tax Practitioners Board (TPB) for registration as an agent as specified in the Tax Agent Services Act (TASA) 2009.  Only BAS agents (or registered ‘tax agents’) can assist in determining a business’ obligations related to any item reported to the Australian Taxation Office (ATO) on a Business Activity or Instalment Activity Statement (BAS/IAS), unless they are the business owner or an employee.  Some common sorts of information captured on the BAS/IAS include:

  • Salaries and wages paid to employees
  • PAYGW from employees
  • GST collected and paid
  • Instalment obligations

The minimum requirements for a registered BAS agent are:

  • Be a fit and proper person
  • Hold a minimum level of qualification accepted by The Board
  • Have a Professional Indemnity Insurance policy that at least meets the minimum standards
  • Undertake a specified amount of Continuing Professional Education ongoing
  • Adhere to the requirements of the TPB Code of Professional Conduct

As BAS agents ATO BAS provides 100% assurance of privacy, confidentiality and processing your lodgements as stated on our website. All lodgements are covered by professional indemnity insurance as per BAS Agent regulations.

If you have any questions related to lodging using our online service please contact us.