It's Official - BAS Agent Services

The TPB has registered a new Legislative Instrument that allows registered BAS agents to provide a wider range of services relating to superannuation guarantee and the superannuation guarantee charge statement from 6 November 2020.

The instrument clarifies the services that BAS agents can provide relating to SGC including representing clients in interactions with the ATO.

Services Allowed Under New Legislation 
  • Services under the Superannuation Guarantee (Administration) Act 1992 to the extent that they relate to a payroll function or payments to contractors.
  • Determining and reporting the SG shortfall amount and any associated administrative fees.
  • Dealing with superannuation payments made through a clearing house.
  • Completing and lodging the taxable payments annual report to the ATO, on behalf of a client.
  • Sending a tax file number declaration to the ATO, on behalf of a client.
  • Applying to the Australian Business Register for an Australian Business Number (ABN), on behalf of a client.
Remember that an agent must only provide services if they are qualified and competent. If you do not feel experienced enough to complete a superannuation charge statement for example, get training or assistance from an experienced colleague or hand it over to the tax agent for the business.

TPB – BAS agents additional services
TPB – Tax Agent Services (Specified BAS Services No. 2) Instrument
TPB – Code of professional conduct for BAS agents
ATO – Super guarantee charge