AFA given TPB accreditation
The Association of Financial Advisers (AFA) has been accredited with the Tax Practitioners Board (TPB), allowing eligible members a new avenue to seek registration with the TPB.
As a registered tax (financial) adviser association (RTFAA), the association can offer a new pathway for financial advisers wanting to registration with the TPB, as per their requirements the Tax Agent Services Act (TASA).
“Now, AFA members that meet the experience requirements of the TPB, being six years’ experience out of the last eifht years at the time of re-registration, will not have to undertake new courses in Australian Taxation Law and Commercial Law,” AFA chief executive Brad Fox said.
"This is an appropriate recognition of their experience and capabilities."
"The TPB registration will allow most of our members to capitalise on their existing experience and maximise their time spent providing advice."
The TPB confirmed financial advisers looking to register with the TPB would have to satisfy registration eligibility requirements with the TPB directly and applications would be assessed on a case-by-case basis.
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