With Single Touch Payroll now in full swing you may have been advised by your employer to setup a myGov account and link it to the ATO in order to obtain your Income Statement for 2019 (formerly known as PAYG Payment Summary).
Whilst this process streamlines how you receive your income statement compared to previous years, it is potentially problematic for your Tax Agent.
In linking the ATO to your myGov account you are agreeing to receive ATO correspondence that was traditionally received by your Tax Agent (Hall Browns). Everything from Notice of Assessments to Quarterly PAYG Instalments will now be delivered to your myGov ATO inbox. Paper forms will no longer be sent.
The ATO will advise you when you receive a new message in your inbox either my SMS or email, depending on the preference you selected. It will then be up to you to review and manage your correspondence and advise us if you have any queries.
If you would prefer that we continue to receive and manage your ATO correspondence, you will need to unlink the ATO from your myGov account. If you unlink your account you will no longer be able to access ATO messages as the inbox is removed. In this instance save or print any messages you wish to keep from the service.
The ATO is working on a solution that allows both client and Tax Agent to receive correspondence however no expected release date has been announced.
Therefore in the interim in order to ensure that correspondence and payments are not missed please login and unlink the ATO from your myGov account.
For a detailed review on the ATO myGov Inbox click here
If you have any questions in relation to signing up to myGov, please contact a Hall Browns advisor on 07 3831 1055 or alternatively email us at firstname.lastname@example.org.
DISCLAIMER: The information on this website and the links provided are for general information only and should not be taken as constituting professional advice from Hall Browns Accountants. You should consider seeking the appropriate legal, financial, or taxation advice to check how the website information relates to your unique circumstances.