Finalised guidance for labour hire/on-hire firms
After extensive consultation with stakeholders, the Tax Practitioners Board (TPB) has finalised an information sheet to assist labour hire/on-hire firms to understand the tax agent services regime and decide if they need to register with the TPB.
‘We are pleased to release the final version of this information sheet after obtaining useful industry feedback on two previous exposure drafts,’ TPB Chair, Mr Ian Taylor said.
The information sheet includes definitions of key terms, an overview of the tax agent regime and different scenarios to help labour hire/on-hire firms to decide if they need to consider TPB registration.
To help labour hire/on-hire firms to make this decision, the scenarios differentiate providing a candidate to a client and the provision of a tax agent service.
About the Tax Practitioners Board:
The Tax Practitioners Board 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.