Ian Taylor, Chair of the Tax Practitioners Board (TPB) has advised that one of the recent amendments to the Tax Agent Services Act 2009 (TASA) allows the TPB to declare a service to be a BAS service, even though it is not included in the definition of BAS provision in the tax law. He said the Board was aware of a number of services that could reasonably be provided by BAS agents that do not fall within the definition of BAS provision, including
- superannuation guarantee and superannuation guarantee charge services;
- superannuation contribution payment and reporting services;
- taxable payments reporting.
The Board has now commenced the process of preparing a legislative instrument to have these services declared as BAS services. Mr Taylor said that until the legislative instrument process was finalised, the TPB “would like to reassure BAS agents that we do not intend to take action to require BAS agents to register as tax agents for the work of the kind outlined above”.
Source: TPB media release, 15 July 2013
[LTN 135, 16/7/13]