You May Be Thinking… What’s the Difference?
Firstly, not all Bookkeepers need to become BAS Agents! A Bookkeeper can also be a BAS Agent! However, if a business requires a contract Bookkeeper to provide a BAS service, they must be a registered BAS Agent. It is only a BAS Agent that can interact with the ATO and your obligations to the ATO, on your behalf, unless they are your employee.
A Bookkeeper and BAS Agent play an integral part in any business. They are engaged with an expectation to keep or assist in keeping accurate and up to date financial records for every month, quarter, and at the end of the financial year. Thankfully, we are both!
However, it is imperative to note there is a distinct line between the two roles and responsibilities as detailed below.
Responsibilities of a Bookkeeper
Bookkeeping can look different from business to business, however the most common tasks that a Bookkeeper will generally undertake include:
A registered BAS Agent must have the required qualifications and experience as outlined in the Tax Agent Services Regulations 2009 (TASR). Refer to the Tax Practitioners Board (TPB).
BAS services / Advanced bookkeeping services include but are not limited to:
Contracted Bookkeepers providing BAS services for a fee, must be registered BAS Agents. Additionally, undertake continuing professional education programs throughout each year.
Boox the Bookkeeping Experts are a registered BAS Agent. We can perform all duties and responsibilities that your business needs to fulfil your accounting needs.
Contact us for more information on how we can help you and your business! - Sally@boox.com.au