As a registered BAS agent, you play a critical role in helping businesses meet their taxation obligations. However, mistakes can happen in the course of your work, and when they do, you need to be prepared to deal with the financial consequences. That’s where BAS Agent Insurance comes in.
BAS Agent Insurance is a type of Professional Indemnity insurance that provides financial protection to registered BAS agents in the event of a claim arising from their work. Under the Tax Practitioners Board (TPB) regulations, all registered BAS agents who are not covered by an employer policy must have their own Professional Indemnity insurance.