FREED Up Bookkeeping & Business Solutions offers a quality service, principled on industry best practices for bookkeeping, business reporting and BAS / ATO lodgements all managed by a certified Bookkeeper and Accountant.

 

Naomi Dorrington

 

 [email protected]

 

bookkeeping services for small businesses

 

Many business owners in Perth assume they can take on the task of doing their businesses financials, bookkeeping and tax returns, however they soon discover it’s more involved than thought. Outsourcing your businesses finances to a professional such as a registered BAS agent can help you to grow your business.

 

How?

 

The time you save from someone else doing double entry accounting for you can be spent in other areas of your business to drive sales and profit. When choosing the right bookkeeper to manage your bookkeeping, it is important that you choose a trusted and experienced professional and that your bookkeeper is a registered BAS agent. Looking at recent statistics, it turns out that 96% of Australian small businesses rely on a Tax or BAS Agent to help manage their tax and superannuation affairs.

 

More information on outsourcing your bookkeeping in Perth to a registered BAS agent can be found below including:

 

• Why Should I Use a Registered BAS Agent for my Bookkeeping in Perth?

• What Could Go Wrong Using an Unregistered Tax Agent or BAS Agent?

• Can I Check My Bookkeeper’s Credentials?

 

Why Should I Use a Registered BAS Agent for my Bookkeeping in Perth?

 

There are many benefits of using a bookkeeper that is a registered BAS agent in Perth.

 

A high number of business owners do not know that a registered BAS agent provides consumer protection through professional indemnity insurance that will help you with your bookkeeping and tax return in Perth. Registered BAS agents also have extended lodgement due dates for tax and BAS statements. To become a registered agent there is criteria that must be met before the registration is accredited. A registered BAS agent is vital to successfully outsourcing your bookkeeping in Perth.

 

What Could Go Wrong When Using an Unregistered Tax Agent or BAS Agent?

 

There are very real, dangerous risks involved with using a person who is not a registered BAS agent for your bookkeeping in Perth.

 

They may not have the necessary experience and qualifications to ensure they are managing your businesses finances professionally and accurately. In fact, if a non-registered agent fails to lodge a tax return or statement on your behalf by the required due date or makes a false or misleading statement to the ATO (for example, by lodging an incorrect return or BAS), and this results in a tax shortfall amount, the ATO may impose administrative penalties on the business owner. Your best option is to source a local registered BAS agent to take care of your bookkeeping matters.

 

Can I Check My Bookkeeper’s Credentials?

 

Tax or BAS agents need to be registered with the Tax Practitioners Board (TPB). If they are advertising their services as a registered BAS agent, your bookkeeper will normally provide their registration number on their website or business card for you to look at. To check if an agent is registered, just enter their details in the Tax Practitioners Board (TPB) register or look for the registered practitioner symbol. If they are there, congratulations! You have a registered BAS agent to do your bookkeeping in Perth.

 

Here is the link to check registrations: https://www.tpb.gov.au/registrations_search

 

Get Your Tax Return in on Time and Make Bookkeeping Easier in Perth with our Registered BAS Agent at Freed Up

 

Freed Up Bookkeeping and Business Services’ main principal Naomi Dorrington is your local registered BAS Agent (#25959844) with the ATO in Perth. She is also a qualified Accountant with a Bachelor of Financial Admin (Accounting) and a member of the Institute of Certified Bookkeepers and the Australian Bookkeepers Network and she is here to help you with your bookkeeping and tax return in Perth. Our Freed Up bookkeepers are required to fulfill four standards – education, experience, testing and training with a minimum of 5 years’ experience, registered BAS Agent or working towards registration, a Certificate IV in Finance Bookkeeping and successfully completed the Pure Bookkeeping Skills Assessment

 

Our mission is to add value to your business and contribute to your success through bookkeeping in Perth, whilst freeing up your time to enjoy your life. Call our team today on 0438 977 767.

 

Disclaimer: The information in this article is general information only.

 

Sources:  https://www.icb.org.au/news/newsletter/ato-promotes-use-a-bas-agent/a/6998?fbclid=IwAR0WnKY3sb7qxYZLDTb5qpmIifhXIahPJ2TzBSmvib55pgr_VFhp8pN4KU4

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