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.
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