MPower Bookkeeping Solutions: registered BAS Agent and Professional Bookkeeper committed to empowering you around your finances. Our goal is to give you more freedom so you can regain control in your business.
As of March 1st 2010 the ATO regulated the bookkeeping industry. All bookkeepers providing a BAS Service must register as a BAS Agent, and follow the Code of Conduct. www.tpb.gov.au
You can be assured that your bookkeeping is being completed to the highest standards.
MPower Bookkeeping Solutions receive regular training and up-to-date information, that has been developed by experts in the industry.
You can rest easy knowing the laws are applied correctly and that you are not putting your business at risk you would be under with an unregistered bookkeeper.
For more information please visit www.austbook.net
By meeting all the requirements set by the ATO, MPower Bookkeeping will provide you with excellence in both BAS Preparation and BAS Lodgement.
This means technical skills to do the job right, insurance covering any mistakes that are made, and a later lodgement date than a Business Owner would have.
You can rest easy by engaging our services to get your Bookkeeping and BAS requirements completed.
To register with the Tax Practitioners Board, a bookkeeper must pass the following requirements first.
Those requirements include;
A minimum of a Cert IV in Financial Services (Bookkeeping or Accounting).
Minimum of $1,000,000 professional indemnity insurance.
1,000 hours supervised experience lodging BAS in the past 4 years.
Maintaining knowledge and skills, taking relevant courses and keeping up to date with laws.
Membership with at least one professional bookkeeping or accounting body.
We are under a Code of Conduct. Breaches can mean up to $137,500 in fines and penalties.
Or even loss of registration. The code covers five areas;
Acting honestly, complying with taxation laws personally, trustworthy dealing with money.
Acting in best interest of the client and management of conflict of interest that may arise.
Not disclosing information to a third party without client’s permission or legal duty to do so.
Timeliness, professional indemnity insurance, and correct administration of laws.
Taking reasonable care to ascertain client state of affairs and correctly apply GST and taxation laws.