The Complete List of Renewals BAS Agents & Bookkeepers Should be Managing in 2025

1. Business compliance & licensing

  • ASIC company registrations – Companies must confirm their details annually and pay the renewal fee to remain registered.
  • ABN, TFN, and GST registrations – Businesses must update details and ensure compliance with GST registration thresholds.
  • Business name renewals – Sole traders and companies using a trading name must renew it to avoid losing ownership.
  • Industry-specific accreditations – Certifications such as CPA, ICB, and financial planning accreditations must be renewed periodically.
  • Payroll tax registrations – Businesses above state payroll tax thresholds must maintain accurate registration and reporting.

2. Financial & tax obligations

  • BAS & IAS lodgements – Regular lodgements are required to report GST, PAYG withholding, and other tax obligations.
  • Superannuation compliance deadlines – Employers must pay super contributions on time to avoid fines from the ATO.
  • Payroll tax deadlines – Monthly, quarterly, or annual payments are required depending on state thresholds.
  • ASIC annual statements – Companies must confirm their details with ASIC each year and pay renewal fees.
  • Fringe Benefits Tax (FBT) deadlines – Employers providing benefits to staff must lodge an FBT return and meet reporting obligations.

3. Insurance policies

  • Workers’ compensation insurance – Required by law for businesses with employees.
  • Public liability insurance – Protects businesses against third-party claims for injury or damage.
  • Professional indemnity insurance – Essential for service-based businesses, covering legal costs from professional mistakes.
  • Business vehicle insurance – Covers commercial vehicles and fleet-related risks.
  • Cybersecurity & data breach insurance – Increasingly critical for businesses handling sensitive client information.

4. Software & subscriptions

  • Accounting software – Xero, MYOB, QuickBooks, and other accounting platforms.
  • Payroll software – KeyPay, Deputy, and other payroll processing tools.
  • Cloud storage – Google Drive, Dropbox, and other file management systems.
  • Website hosting & domain renewals – Essential for maintaining an online presence.
  • CRM software – HubSpot, Zoho, and other customer management tools.

5. Industry certifications & permits

  • Trade licences – Builders, electricians, and plumbers must renew their industry licences.
  • Construction industry white cards – Mandatory for anyone working in construction.
  • ATO Tax Agent registration renewals – Required for tax professionals to remain compliant.
  • Food handling & safety certificates – Hospitality businesses need valid health certifications.
  • Liquor licences – Restaurants and bars must renew their serving permits.

6. Vehicles & equipment

  • Business vehicle registrations – Required for legal road use.
  • Heavy vehicle compliance & inspections – Ensures roadworthiness and regulatory compliance.
  • Forklift & machinery certifications – Covers safety compliance for industrial equipment.
  • End-of-lease payments – Final payments to close out lease agreements.
  • Equipment maintenance schedules – Ensures machinery is serviced regularly.

7. HR & employee obligations

  • Employee professional certifications – CPA, CFA, and legal practising certificates.
  • Staff training compliance – Work health & safety (WHS) and first aid training.
  • Working with Children Checks (WWCC) – Required for businesses working with minors.
  • Visa & work permit renewals – Ensures foreign employees remain legally employed.

8. Legal & contractual renewals

  • Office lease agreements – Avoids unexpected lease terminations.
  • Client service agreements – Ensures contract renewals align with service terms.
  • Supplier & vendor contracts – Prevents disruptions in business operations.
  • Franchise agreements – Maintains compliance with franchise terms.
  • Confidentiality agreements – Protects sensitive business information.

9. Miscellaneous business renewals

  • Membership renewals – CPA, ICB, CA ANZ, and other industry bodies.
  • Event sponsorships – Agreements with conferences and trade shows.
  • Mobile phone & internet plans – Essential for business continuity.
  • Advertising subscriptions – Google Ads, LinkedIn Ads, and paid marketing services.

A Smarter Approach to Renewal Tracking

 

  • Reduce time spent on manual tracking and follow-ups.
  • Ensure clients never miss a renewal with automated alerts.
  • Offer renewal management as an additional service to strengthen client relationships.
Download the Ultimate Renewal Tracking Checklist for BAS Agents & Bookkeepers