A New Process for Agent Nominations

Hello Chasers,

With changing technology comes change in processes we have used for a long time.

With the increasing cyber-attacks and identity fraud attempts across all organisations and businesses the ATO is another example of looking at ways to improving the security of its systems and protection of taxpayer information.

They have recently introduced a new process for appointing tax agents to their new customers.

Previously, us accountants would complete this function by adding new customers who we begin acting for by gong to our Tax Agents Portal and doing this online.

The new revised client-agent linking regime was “designed to ensure the highest level of security for taxpayers and their representatives” and a key feature was that taxpayers retained full control over who had access to their tax data.

Click here to read more …

Read more of our daily blogs in our Chasing the Dream Facebook Community

Share This

Related Posts

Featured
4 Min Read

AI Agents

Hello Chasers, The AI (artificial intelligence) revolution is moving at such a rapid pace, that we now have access to super-efficient AI-powered agents! Ever wished you had a super-powered assistant who could answer customer questions, manage…
Read Full Article
Featured
4 Min Read

End of financial year obligations for employers

Hello Chasers, The ATO reminds employers they need to keep on top of their payroll governance.  This includes: using their tax and super software to record the amounts they pay; withholding the right amount of tax;…
Read Full Article