The journey to becoming a registered BAS Agent can seem difficult and confusing at first. To help break down the process, we have put together a guide to help you understand and complete the steps for enrolling in a registered BAS Agent course.
What is a BAS Agent?
A BAS Agent is a qualified and registered professional who is authorized to provide business activity statement (BAS) services. They are qualified to provide services such as preparing and lodging activity statements, as well as advising on BAS and GST-related issues.
The Australian Taxation Office (ATO) requires that all BAS agents must meet certain criteria before they can be registered. This includes having the necessary qualifications, passing the necessary exams, and completing the required training.
What are the requirements to become a Registered BAS Agent?
Several requirements must be met before you can become a registered BAS agent. Firstly, you must have experience in the preparation and lodgement of BAS and GST returns. You must also have completed a registered BAS Agent course in accounting or a related subject.
The ATO also requires you to pass the BAS Agent Registration Exam and complete an approved BAS Agent Training Course. This training course must be taken from a registered training provider.
Once you have completed the training course, you must then make an application to the ATO to be registered as a BAS Agent.
How to Enroll in a Registered BAS Agent Course
Enrolling in a registered BAS Agent course is a straightforward process. Here are the steps to follow:
1. Choose a Training Provider: The first step is to choose the right training provider for you. You should look for a provider that is registered with the Tax Practitioners Board and has a good reputation.
2. Choose the Course: Once you have chosen a training provider, you will need to select the course that best suits your needs. You should make sure that the course covers all the topics required for the BAS Agent Registration Exam.
3. Enroll in the Course: Once you have chosen your course, you will need to complete the enrollment process. This will usually involve filling out an application form and sending it to the training provider.
4. Pay the Fees: Once your application has been accepted, you will need to pay the course fees. These fees will vary depending on the course and the training provider.
5. Attend the Course: Once you have paid the fees, you will be able to attend the course. Depending on the provider, the course may be held in person or online.
6. Pass the Exam: To become a registered BAS Agent, you must pass the BAS Agent Registration Exam. This exam is administered by the Tax Practitioners Board.
7. Apply for Registration: Once you have passed the exam, you must then make an application to the ATO to be registered as a BAS Agent.
Conclusion
Enrolling in a registered BAS Agent course is a straightforward process. All you need to do is choose the right training provider, select the course that best suits your needs, enroll in the course, pay the fees, attend the course, pass the exam, and then make an application to the ATO for registration. Following these steps will help you to become a qualified and registered BAS Agent.
