Do you want to become a BAS Agent?


Do you want to become a BAS Agent?

Have you ever considered becoming a BAS Agent, which is a specialist Bookkeeper? A Bookkeeper maintains the records of the financial affairs of a business, however, a BAS Agent advisors on the BAS tax affairs of the business. The path for this career is simply a case of having the relevant experience and qualifications. There are two qualifications that will enable you to work as a BAS Agent.

What do BAS Agents do?

BAS Agents provide their clients with advice, in addition to completing a BAS Service for their clients business. A BAS Service requires you to work out and advise on any taxes that are included in the Business Activity Statement (BAS). Usually this will include working out or advising on the taxation liabilities, obligations or entitlements of clients. These taxes typically include the following:

  • goods and services tax (GST) law
  • wine tax law
  • luxury car tax law
  • fuel tax law
  • Pay As You Go (PAYG) system, and
  • Applying for an Australian Business Number (ABN) or Tax File Number (TFN)
  • Dealing with Superannuation

The Tax Practitioner’s Board website provides more information about BAS Services, and the qualifications and experience which are required to become a BAS Agent.

BAS Agent requirements?

To become a BAS Agent, you must meet the requirements to be registered. Anyone who provides a BAS service for a fee, must:

  1. Complete a FNS40615 Certificate IV in Accounting or FNS402015 Certificate IV in Bookkeeping or higher to be eligible for registration.
  2. Complete an approved course in basic GST/BAS taxation principles, such as the BAS Agent Registration Skill Set.
  3. Register with the Tax Practitioners Board (TPB) and follow the requirements of the TPB, which are:
    • Be a fit and proper person
    • Have the education outlined above
    • Have the relevant experience
    • Maintain Professional Indemnity Insurance
    • Meet the continuing Professional Development requirement

The approved courses in basic GST/BAS taxation principles are:

The current approved GST/BAS taxation units offered are within either the FNS40615 Certificate IV in Accounting, as well as through the BAS Agent Registration Skill Set. To meet the education requirements, you must complete these two units:

  • FNSBKG404 Carry out business activity and installment activity statement tasks and
  • FNSBKG405 Establish and maintain a payroll system.

Gain the relevant experience

To become a Registered BAS Agent you must have at least 1,400 hours of experience. If you have been a member of a professional organisation over the last four years, it’s only 1,000. This includes hours working under the supervision of a registered Tax Agent or registered BAS Agent.

Study Options

If you are interested in becoming a BAS Agent and are seeking further information about possible study pathways, please contact us at: info@lindencollege.edu.au

Linden College School of Finance offers the following courses:

BAS Agent Registration Skill Set

FNS40615 Certificate IV in Accounting