BAS AGENT LAWS > Choices for Bookkeepers
What are my options to become a BAS Agent?
Transitional arrangements allow for the registration of certain individuals and entities as BAS Agents under the new regulatory regime. The Tax Practitioners Board Website contains a Fact Sheet outlining these options.
ABN Members who were making use of the BAS Wizard Partner Program prior to commencement of the new law will be well placed to avail themselves of the Transitional arrangements. However, such bookkeepers are then immediately subject to the Code of Professional Conduct and should thus be sure that they wish to become BAS Agents in their own right.
The BAS Agent laws offer an exciting pathway that many full-time, professional bookkeepers will embrace. But they are not to be taken lightly. Clients who engage BAS Agents are reliant on the services and advice that they receive. This imposes both responsibility and liability on the BAS Agent and with that, significant pressure to ensure that the advice provided is correct. ABN BAS can play an important role in this regard.
Click here for information on the benefits of ABN BAS to BAS Agents.
