Can a Bookkeeper Lodge BAS?

As a business owner, you might wonder, can a bookkeeper lodge BAS (Business Activity Statements) on your behalf?

The short answer is yes—but there are specific conditions and regulations involved. Understanding these can help you make informed decisions about managing your financial obligations.

For professional assistance, our experienced bookkeepers in Perth are here to guide you through the process.

Who Can Legally Lodge BAS?

In Australia, only certain professionals are authorised to lodge BAS on behalf of a business:

• Registered BAS Agents: Bookkeepers who are registered with the Tax Practitioners Board (TPB) as BAS agents.
• Tax Agents: Professionals who are registered tax agents can also lodge BAS.

Can Any Bookkeeper Lodge BAS?

Not all bookkeepers can lodge BAS. Only those who are registered BAS agents are legally permitted to prepare and lodge BAS for clients. Registration ensures that the bookkeeper meets the necessary educational qualifications, experience, and adheres to a professional code of conduct.

Requirements for a Bookkeeper to Lodge BAS

To become a registered BAS agent, a bookkeeper must:

• Complete Relevant Education: Hold a minimum level of education in accounting or bookkeeping.
• Gain Work Experience: Have sufficient supervised experience in BAS services.
• Maintain Professional Indemnity Insurance: Protects both the agent and the client.
• Adhere to the TPB Code of Conduct: Ensures ethical and professional standards are met.

Benefits of Using a Registered BAS Agent

Engaging a registered BAS agent offers several benefits, including:

• Expertise: Registered agents are knowledgeable about the latest tax laws and regulations.
• Extended Lodgement Deadlines: Agents often have access to concessional due dates.
• Accuracy: Reduces the risk of errors in your BAS, which can lead to penalties.
• Peace of Mind: Knowing that a qualified professional is handling your obligations.

Risks of Using an Unregistered Bookkeeper

Allowing an unregistered bookkeeper to lodge your BAS can have serious consequences, such as:

• Legal Penalties: Both the bookkeeper and the business owner may face fines.
• Errors and Omissions: Increased risk of mistakes due to lack of qualifications.
• No Professional Indemnity Insurance: Less protection in case of errors.

How Our Bookkeepers in Perth Can Help

Our team consists of registered BAS agents who are fully qualified to assist with your BAS obligations:

• Comprehensive Services: From bookkeeping to BAS lodgement, we’ve got you covered.
• Compliance Assurance: We ensure all activities comply with ATO regulations.
• Personalised Support: Tailored solutions to meet your specific business needs.
• Transparent Communication: Clear explanations and updates throughout the process.

Conclusion

So, can a bookkeeper lodge BAS? Yes, but only if they are a registered BAS agent.

It’s crucial to verify the credentials of your bookkeeper to ensure compliance and avoid potential penalties.

If you’re seeking reliable assistance, our expert bookkeepers in Perth are ready to help you navigate your BAS obligations with confidence.