Requirements for Registration as a BAS Agent

PART B – RESEARCH QUESTIONS – from regulatory websites on the Internet
Question 13: Visit the Tax Practitioners Board website and go to the Individual BAS Agent
page. List the five (5) Requirements for Registration as a BAS Agent.
Satisfactory
response
Yes ☐ No ☐
Answer: Comment:
1. An individual should be minimum of 18 years in age in order to be held
eligible to apply.
2. An individual that is applying for registration should be fit and proper
3. An individual should satisfy the required qualification and experience
4. An individual should maintain professional indemnity insurance cover
which meets the requirements.
5. Complete the online application and give all the supportive documents.
Question 14: Visit the Tax Practitioners Board website. On 1st June 2016, The Tax Agent
Services (Specified BAS Services) Instrument 2016 was registered. List the
six (6) additional services that a BAS Agent can now provide.
Satisfactory
response
Yes ☐ No ☐
Answer: BAS agents can now provide Comment:
1. Provide the services that are under the Superannuation Guarantee
(Administration) Act 1992 up to the extent that it is associated to the
payroll functions or payments of contractors.
2. Determining and reporting superannuation guarantee shortfall amount and
other related administrative fees.
3. Dealing with the superannuation payments that is made with the help of
clearing house.
4. Completing and lodging the taxable payments annual report to ATO on
clients behalf.
5. Sending a tax file number declaration to commissioner, on clients behalf
6. Applying to the registrar for the ABN, on clients behalf.
Question 15: Visit the Tax Practitioners Board website. In a table on the website, there are
many examples of BAS services that a registered BAS Agent can provide. List
three (3) of these BAS Services.
Satisfactory
response
Yes ☐ No ☐
Answer: BAS service which the tax agent can provide are as follows Comment:
1. Determining or suggesting regarding liabilities, entitlements of a client
with the BAS provision
2. Representing the clients in their dealing with the taxation commissioner in
respect of BAS provision
3. Where it becomes reasonable to anticipate that a client would remain
dependent on the service to their obligations or satisfy liabilities or
claiming entitlements under the BAS provision.
Question 16: From the same table used in Question 15 on the Tax Practitioners Board
website, list three (3) services that are NOT considered a Tax Agent Service or
a BAS Service.
Satisfactory
response
Yes ☐ No ☐
Answer: Comment:
1. Making an application to the registrar for the ABN on behalf of the client
2. Coding transactions, tax invoice and transferring data in another computer
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CRS180_FNSTPB401_1of4_KK_S.docx

3. Confirming figures to be included in client’s activity statement
Question 17: Visit the Tax Practitioners Board website and find the Tax Agent Services
Page. List three (3) services that a registered Tax Agent can provide, but a
registered BAS Agent cannot provide.
Satisfactory
response
Yes ☐ No ☐
Answer: Services which the registered Tax Agent can provide but the BAS agent cannot
provide are as follows;
Comment:
1. Preparing and lodging income tax returns.
2. Preparing and lodging FBT returns.
3. Varying PAYG instalments and FBT Instalments which appear on the BAS.
Question 18: Visit the Tax Practitioners Board Website and locate the “Recognised
Professional Associations” Page. List three (3) Recognised BAS Agent
Associations.
Satisfactory
response
Yes ☐ No ☐
Answer: Below listed are three recognised BAS Agent Associations are Comment:
1. Association of accounting technicians (Australia) Limited
2. Australian Bookkeepers Association Ltd
3. CPA Australia
Question 19: Visit the Tax Practitioners Board website and search for Continuing
Professional Education, for a BAS Agent. What is the minimum number of
hours of CPE required over a three-year period for a BAS Agent?
Satisfactory
response
Yes ☐ No ☐
Answer: __45_____ hours Comment:
Question 20: Visit the Tax Practitioners Board website and search for Continuing
Professional Education, for a BAS Agent. List five (5) different activities that
are an example of CPE Activity
Satisfactory
response
Yes ☐ No ☐
Answer: The five examples of CPE Activity are as follows Comment:
1. Activity Considered as CPE
2. Tax agent that are in remote location completing CPE
3. Indirect activity that are considered to be relevant to CPE
4. Cyber-security awareness training which is identified as relevant CPE
5. Financial product training that is relevant to tax (financial) advice services
Question 21: Visit the Institute of Certified Bookkeepers (ICB) website and find the ICB
Code of Professional Conduct, and the Fundamental Principles and provide
a Yes or No answer to the questions below.
Satisfactory
response
Yes ☐ No ☐
Answer: Yes or No Answer Comment:
a) Should a member engage in dishonest or
otherwise discreditable activities?
NO
b) Should a member hold their client’s
money in the members own personal
bank account?
NO
c) Should a member give estate planning
advice?
NO
d) Should a member ensure that any advice
given to a client is clearly and
YES
UNCLASSIFIED Holmesglen: KK BAF 31-Jan-2020 L:\BAF\Teaching\T&L\202010\FNS40217 Cert IV in Accounting and Bookkeeping\FNSTPB401 Complete business activity and instalment activity statements\Assessments\A 1\
CRS180_FNSTPB401_1of4_KK_S.docx