Home » TPB Authentication Requirements

TPB Authentication Requirements

by admin

1. Customer ID Verification Requirements

The Australian Revenue Service (ATO) and the Board of Tax Practitioners (TPB) have introduced new customer code verification rules. All holding agents and BAS agents will now have to verify the identity of their clients.

Read More: Importance of Law Study in the UK

2. When will these new terms come into force?

The new Certification Requirements (PoI) will take effect in the second half of 2022 (TPB and ATO will confirm the launch date within a specified period). Implement these recommendations in practice.

3. Does it apply to new and existing users?

Currently, ATO and TPB prefer to start with new clients or build new relationships with existing clients. No need to go back and search the entire customer list to verify your identity.

4. Is it for individual customers only?

This applies to all customers, whether they have a tax agent or a BAS agent. Represent only a legal entity (for example, a company) or not.

5. Is there anything you need to do?

No.! This is what will be run internally. But all users must provide different identification documents on request. From now on, new users will have to provide identification documents on request.

Note: If you also need Accounting, Bookkeeping, And Tax Agent for your business then click on BAS Services in Australia now

Related Posts

Marketguest Logo

MarketGuest is an online webpage that provides business news, tech, telecom, digital marketing, auto news, and website reviews around World.

Contact us: info@marketguest.com

@2024 – MarketGuest. All Right Reserved. Designed by Techager Team