Tax Practitioners Board

Policy & Regulation

The Government has announced it will implement a range of reforms, including greater independence of the Tax Practitioners Board from the Australian Tax Office and a redu...

Policy & Regulation

TPB empowers BAS agents on advice

The Tax Practitioners Board has cleared the way for BAS agents to give advice around the Government’s new JobKeeper payment and cashflow support for businesses. ...

Policy & Regulation

ATO and TPB on alert for COVID-19 rorters

Tax agents and advisers have been warned against trying to manipulate the business and employment policy changes put in place by the Government to deal with COVID-19....

Financial planning

TPB lighten CPE load in face of COVID-19

The Tax Practitioners Board has sought to lighten the load for tax advisers and others by lifting the continuing professional education 25% reading cap for six months. ...

Financial planning

FPA urges explicit TPB acknowledgement on CPD

The Tax Practitioners Board needs to explicitly acknowledge the sufficiency of the Financial Adviser Standards and Ethics Authority CPD regime, according to the FPA....

Financial planning

TPB consultation paper could lead to 40+ hrs adviser CPE

The Tax Practitioners Board latest consultation paper could result in greater training requirements for advisers. ...

Financial planning

TPB signals embrace of FASEA CPD cross-over

The Tax Practitioners Board appears to have cut tax (financial) advisers a break by signalling that compliance with the FASEA CPD requirements will satisfy those of the T...

Financial planning

FASEA board accused of shunning industry

Questions are being asked about why the board of the Financial Adviser Standards and Ethics Authority has avoided direct engagement with key industry groups for more than...

Policy & Regulation

Tax agent loses Federal Court battle to TPB

Former tax agent Rudy Frugtniet has failed in his six year battle against the Tax Practitioners Board to overturn the termination of his registration....

Financial planning

Accountant advice is no better than that of advisers says ASIC

The Australian Securities and Investments Commission says there is no evidence that accountants or tax financial advisers provide any better advice than ordinary financia...

Financial planning

Accounting bodies unite on advice

The major accounting groups have united to mount a campaign aimed at clearing the way for the more effective delivery of advice by simplifying the multiple regulatory reg...

Financial planning

Number of tax agent terminations increase by 208%

A dramatic spike in compliance action from tax agents has followed changes to the composition to the Tax Practitioners Board....

Policy & Regulation

Planners are over-burdened and over-regulated

Seven different regulators combined with three different complaints and disciplinary bodies mean that financial planners have been left sinking in a regulatory swamp....

Financial planning

TPB targets high risk practitioners

The Tax Practitioners Board has announced it will target 2,000 tax practitioners who were identified as being of the highest risk....

Financial planning

End TPB/FASEA duplication says FSC

There is an urgent need to end the regulatory overlap between the Tax Practitioners Board and the Financial Adviser Standards and Ethics Authority, according to the Finan...