When it comes to managing your business finances, hiring a contract bookkeeper can be a great option. However, it`s important to know whether or not your bookkeeper is a registered BAS agent.

A BAS agent is someone who is registered with the Tax Practitioners Board and is authorized to provide BAS services for a fee. This includes tasks such as preparing and lodging BAS statements, providing advice on GST, and assisting with payroll obligations. If your contract bookkeeper is not a registered BAS agent, they may not be able to perform these tasks for you.

While it`s not always necessary for your bookkeeper to be a registered BAS agent, it can certainly be advantageous. For one, it means that they have received the necessary training and certification to provide BAS services in compliance with Australian tax law. This can help to ensure that your business is meeting its obligations and avoiding any potential penalties or fines.

Additionally, a BAS agent can provide you with peace of mind knowing that your financial management is in capable hands. They can help you to identify any potential issues or areas for improvement within your financial processes, and can provide advice and support as needed.

If your contract bookkeeper is not a registered BAS agent, it`s important to discuss this with them and determine what services they are able to provide. You may need to hire an additional professional to assist with BAS-related tasks, or you may be able to handle them in-house with the help of accounting software.

Overall, while it`s not always necessary for a contract bookkeeper to be a registered BAS agent, it can certainly be advantageous. Be sure to communicate with your bookkeeper about their qualifications and capabilities, and consider hiring a BAS agent if needed to ensure that your business`s financial management is handled effectively and in compliance with Australian tax law.