BAS & ATO Services

Running a business is not just about how much GST you owe.

Although it is only a small part of running a business, it is important. Even knowing how much GST you owe, there are still other compliance requirements.

We will make sure you are on top of all of that and communicate with the ATO for you, so you do not need to.

As of March 1st 2010, the Australian Taxation Office regulated the bookkeeping industry. Now, all Bookkeepers providing a BAS Service are required to register as a BAS Agent.

BAS Agent Requirements

Minimum Certificate IV in Financial Services, Bookkeeping or Accounting
Member of a recognised Professional Association
Over 1,000 hours relevant experience
Professional Indemnity Insurance
Ongoing Professional Development

What does this mean for you?

In the past, a bookkeeper was able to complete a MYOB or Quicken course and start charging for their services. Unfortunately, due to their lack of experience, they often left a mess.

The client could do nothing about it except find someone else who, hopefully, would be able to clean up the mess. It is a costly exercise both financially and emotionally. Worse still, some mistakes can go unnoticed, such as double paying creditors, incorrect GST, miscalculation of wages and superannuation, outstanding debtors and many many more.

You’re Not on Your Own

As a BAS Agent there is also a professional Code of Conduct in relation to:

Honesty and Integrity
Independence (acting lawfully)
Confidentiality
Competence

Breaching the Code of Conduct can result in termination of the registration and Civil penalties involving fines up to $137,500. At last, there is something that can be done if you are left in a mess.

We are licensed BAS Agents and registered and insured with the Tax Practioners Board.