Now that you’ve outsourced your bookkeeping you could use your spare time to take up canoeing! Or you could use the spare time to spend with your family – totally up to you.
But make sure your bookkeeper is a registered BAS agent or you might find yourself up a creek without a paddle!
What is the difference between a regular or garden variety bookkeeper and a BAS agent? Qualifications, insurance, continuing education and access to the ATO portal.
Did you know only a BAS agent can prepare payment summaries that may include FBT or reportable super? Only a BAS agent can submit super payments through a clearing house and only a BAS agent can take advantage of an extended lodgment deadline for BASs?
So look for this symbol and enjoy your spare time!