Question

Act 17

Why do drafts of returns and lodgements need to be reviewed and signed off by authorised personnel? (70–80 words)

Answer 1

Each time Tax professional lodge an approved form on behalf of clients, the law requires to have first received a signed declaration in writing from your client. This declaration states that this person is authorized to submit documents from clients behalf. Thus, return and lodgements need to be reviewed and signed to prevent any misstatemement, pose accountability and line of authorization on the tax professionals if any misstatement is given or the fact is hidden.