TPB: Practice note updated for client proof of ID verification 

January 27, 2023

The Tax Practitioner Board (TPB) has released an updated practice note on proof of identity (POI) requirements for client verification, TPB(PN) 5/2022. Key updates to TPB(PN) 5/2022 include:

  • further guidance for circumstances where the client instructing the registered tax practitioner is the employer of taxpayers and the tax practitioner provides tax agent services for the taxpaying employees of the employer client
  • further examples of required evidence that demonstrate the authority of an individual representative to engage a registered tax practitioner on behalf of both individual and non-individual clients.

If a registered tax practitioner fails to take appropriate POI steps to verify a client’s or individual representative’s identity, the TPB may find that they have breached the Tax Agent Services Act 2009 (TASA).