TPB

Financial planning

TPB receives adviser formal request on ABN establishment

Tax Financial Advisers should be permitted to apply for Australian Business Numbers on behalf of clients and the Tax Practitioners Board has been asked to facilitate the ...

Financial planning

TPB and ABA sign MOU

The Tax Practitioners Board and the Australian Bookkeepers Association have signed a memorandum of understanding to enhance the integrity of BAS agents....

Policy & Regulation

Federal Court finds Brisbane tax agent in contempt

The Federal Court has delivered two judgements against Kent Hacker and his business One Stop Global Staffing for contravening the Tax Agent Services Act 2009 and were in ...

Financial planning

Gold Coast woman jailed for tax fraud

Deregistered tax professional Alana Hodge has been sentenced to three years jail for fraudulently obtaining almost $200,000 from the ATO. ...

Financial planning

Single regulator advocated for financial planning

The Federal Government should use the creation of a single disciplinary body to create a single regulator and thereby reduce complexity and costs....

Features

InFocus: Individual adviser registration – a step forward on an evolutionary road

The chair of licensee Synchron, Michael Harrison sees merit and advantages in a move towards individual adviser registration....

Policy & Regulation

TPB bans Brown Baldwin and Associates for five years

The Victorian-based company was banned for misleading the Australian Tax Office after an investigation from the Tax Practitioners Board....

Policy & Regulation

Tax agent banned for tax avoidance scheme

The Tax Practitioners Board has terminated the registration of former KPMG partner, Christopher Allenby....

Policy & Regulation

74 tax practitioners in trouble over SMSFs

Seventy-four tax practitioners are going to have to explain themselves to the Tax Practitioners Board over possibly fraudulent SMSF annual returns and face sanctions if t...

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

TPB updates public register

The Tax Practitioners Board’s public register will now include details of practitioners who had been sanctioned for misconduct....

Policy & Regulation

FASEA standards trump other codes if stricter

Tax financial advisers must not follow existing flexible arrangements under the Tax Practitioner Board’s code if the Financial Adviser Standards and Ethics Authority’s eq...

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...