Reminder: Renewal deadline approaching for BAS agents

In a recent Media Release, the Tax Practitioners Board (TPB) has reminded BAS agents to renew their registration by 29 January 2012 to continue operating legally.  

According to the TPB, there are around 15,000 BAS agents who should renew their registration. Mr Dale Boucher, Chair of the TPB, has urged these BAS agents to renew by the deadline, ‘We expect a large number of BAS agents to renew in January 2012.  Agents who provide BAS services for a fee or other reward must be registered with the TPB and meet certain registration requirements.'

What if a BAS agent has yet to fulfil their education requirements?

If BAS agents have not met the standard educational requirements by early 2012 a transitional renewal option still exists. This gives agents another 12 months to gain the required qualifications.

‘The transitional registration is a good option if a BAS agent does not think they will meet all the standard educational eligibility criteria by the time their current registration expires. Agents can apply to renew their registration for another 12 months and keep working as a registered BAS agent' Mr Boucher said. ‘This gives agents time to complete education requirements and be ready to renew early in 2013.'

Further, Mr Boucher notes, ‘It is also important for BAS agents to remember that if they submit a complete application before their current registration expires, they will remain registered until they hear back from us about their application'.

Video guides for BAS agents

To assist BAS agents with their registration, the TPB has released a series of short videos which provide step-by-step guide for BAS agents.

These can be accessed here:

http://www.tpb.gov.au/TPB/BAS_agents/TPB_tips_videos.aspx