Call White Insurance Brokers for all your Insurance needs.   International: +61 3 8790 5701   •   Time:

BAS & TAX Agents, Bookkeepers, Accountants, Auditors, Administration & Secretarial Services

BAS & TAX Agents, Bookkeepers, Accountants, Auditors, Administration & Secretarial Services

dreamstime_4084963

Provides a package of Professional Indemnity and Public & Products Liability insurance with broad cover for Bookkeepers, Accountants, BAS Agents, TAX Agents, Auditors including Self-Managed Superannuation Funds, Administration and Secretarial Services occupations and activities at very competitive premiums. Don’t be left wanting for cover, with our BBASS Scheme we make sure you are insured for all your business activities.

Our scheme covers the following business activities;

BAS Agent Advisors & Services
TAX Agent Advisors & Services
Bookkeeping & Accounting Services
Auditing including Audits of Self-Managed Superannuation Funds
Secretarial Services
Administration, Management & Office Support Services including Payroll
Invoice Factoring and Debtor Finance Services
Training & Development
Resume Writing & Interview Services

Premiums

Premiums start from just $277 inclusive of all fees and charges for eighteen (18) months cover and through our express placement facility you can be insured and receive all your documents the same day we receive your completed proposal form.

Legislation

The Tax Agents Services Act 2009 came into force on the 1st March 2010 requiring all practicing Tax agents and BAS agents who provide services for a fee to register with the Tax Practitioners Board. With effect from the 1st July 2011 they will be required to hold and maintain Professional Indemnity Insurance cover.

Bookkeepers who register as BAS Agents under the new Tax Agents Services Act in order to be legally able to render BAS services to their clients will also be compelled to have professional indemnity insurance pursuant to the Code Of Professional Conduct contained within section 30-10 (13) of that Act.

What is a BAS Service

A BAS Service is a tax agent service that relates to:

  • ascertaining liabilities, obligations or entitlements of an entity that arise, or could arise, under a ‘BAS provision’; or
  • advising an entity about liabilities, obligations or entitlements of the entity or another entity that arise, or could arise, under a BAS provision; or
  • representing an entity in their dealings with the Commissioner of Taxation in relation to a BAS provision; and that is provided in circumstances where the entity can reasonably be expected to rely on the service for the purpose of satisfying liabilities or obligations that arise, or could arise, under a BAS provision and/or to claim entitlements that arise, or could arise, under a BAS provision.

BAS provision includes:

  • GST law;
  • wine equalisation tax law;
  • luxury car tax law;
  • fuel tax law;
  • fringe benefits tax law (relating to collection and recovery only);
  • pay as you go (PAYG) withholding;
  • PAYG instalments.