A BAS Agent (or Business Activity Statement Agent) is authorised to prepare and lodge BAS returns on your behalf and provide advice on BAS-related items, such as your day-to-day business taxes like GST and PAYG. The official role of a BAS Agent is relatively new and was introduced in 2009 to regulate the BAS related services offered by contract bookkeepers.
To become registered as a BAS Agent, individuals must have been awarded at least a Certificate IV Financial Services (Bookkeeping) or a Certificate IV Financial Services (Accounting) from a registered training organisation (RTO) or an equivalent institution and must have successfully completed a Board approved course in basic GST/BAS taxation principles.
Average wage for
Around 111,300 people are currently employed as BAS Agents in Australia. This is set to increase slightly to 121,700 people by 2019, according to the Department of Employment.
Employment by State
29.5% of all BAS Agents are employed in VIC. The area with the lowest number of BAS Agents is NT, with only 1%.
This is a very female dominated industry with 7.5% of BAS Agents being male and 92.5% female.
The most popular age for people working as BAS Agents is 45-54 years old, with 29.9%. A small percentage (7.1%) of people get into this career path older, aged 65 and over. There is also a number of people who enjoy a career as BAS Agents, with 12.4% aged 55-59.
BAS Agents work an average of 38.7 hours a week which is 2.2 hours lower than the average for all occupations.
The majority of BAS Agents have a Advanced Diploma/Diploma qualification (21.2%) or are at a Certificate III/IV level (20.2%). 65.5% of people have a Cert III or higher, whilst 34.5% have a qualification which is Year 12 or lower.
BAS Agent Duties & Tasks
Prepares financial reports for the preparation and lodgement of Business Activity Statements (BAS)
Provides advice to clients assisting them to comply with the Goods and Services Tax (GST) regime and related legislation (Fringe Benefits Tax – collection only; calculation of employee superannuation guarantee payments
Fuel tax rebates
PAYG, PAYI instalments
Liaises with the client’s tax agent/accountant in regard to income tax compliance issues
Participates in the formulation and monitoring of budgets and cash flow projections
Assists in the collection of accounts receivable by the business
*The information provided on this page is from the Department of Employment’s Job Outlook website. All salary ranges are from Payscale. Where jobs are not exact matches, job areas have been used. This information is to be used as a guide only.