Call for submissions on guidance for registration of payroll service providers
Following requests from key stakeholders in the Australian payroll industry, the Tax Practitioners Board (TPB) has released an exposure draft of an information sheet that will assist payroll service providers to better understand the tax agent services regime.
The TPB invites comments and submissions by 25 August 2014. The TPB will consider submissions and undertake any further consultation required before settling its final position.
“Once finalised, the information sheet will assist payroll service providers determine if they need to register with the TPB as a tax or BAS agent,” said Mr Ian Taylor, Chair of the Tax Practitioners Board. “I encourage all interested parties to provide their feedback on this exposure draft.”
The exposure draft outlines the:
- circumstances where a payroll service provider may need to register as a tax agent or BAS agent
- circumstances where they do not need to register
- options available to payroll service providers.
Submissions on the exposure draft close on 25 August 2014, and can be sent to tpbsubmissions [at] tpb.gov.au.
The exposure draft is available at TPB(I) D22/2014_Payroll_service_providers
Further information about the Tax Practitioners Board
The TPB regulates tax practitioners in order to protect consumers. The TPB aims to assure the community that tax practitioners meet appropriate standards of professional and ethical conduct.
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