TPB

Policy & Regulation

TPB should not shelter tax agents from scrutiny

The SMSF Association has backed giving the Tax Practitioners Board more disciplinary powers, arguing tax practitioners should not be sheltered from change or greater scru...

Policy & Regulation

Give TPB more powers says CPA Australia

CPA Australia wants the Tax Practitioners Board to be given more power including the ability to impose banning orders....

Financial planning

Call for single planner regulatory regime

The Financial Services Council has called on the Government to use a review of the Tax Practitioners Board to align and streamline the financial planner regulatory regime...

Policy & Regulation

TPB warns on unregistered tax agents

The Tax Practitioner’s Board has issued a warning that people who use unregistered tax agents do not receive safe harbour protections when things go wrong....

Financial planning

TPB warned it risks accelerating adviser exodus

The Association of Financial Advisers has told the Tax Practitioners Board that its proposal to impose the need for a Letter of Engagement on financial (tax) advisers is ...

Policy & Regulation

TPB confirms 35 higher risk breach crack-down

The Tax Practitioners Board has announced specific investigations against tax practitioners regarded as being guilty of “higher risk breaches”....

Accounting

AAT rejects application by former tax agent

The Administrative Appeals Tribunal has rejected an application by a former tax agent to stay a Tax Practitioners Board decision to terminate his registration with the ma...

Financial planning

Tax advisers held to higher standard with client data

Registered tax advisers have higher obligations regarding the protection of client information that other financial planners, with a legal expert putting the difference d...

Policy & Regulation

Govt announces TPB review

The Government has announced a review of the Tax Practitioners Board....

Financial planning

TPB focuses on higher-risk practitioners

Over two thousand tax practitioners have updated their outstanding lodgements since the Tax Practitioners Board’s compliance strategy was announced late last year with th...

Policy & Regulation

Tax agents banned following consumer complaints

Two registered tax agents, QTR Accountants and Nicoh Group, have had their registrations terminated following 19 consumer complaints about their conduct....

Policy & Regulation

TPB signals focus on professional standards

The Tax Practitioners Board has revealed it currently has around 400 current investigations into tax practitioners, as the Federal Court upholds its decision to ban a for...

Financial planning

FASEA urged to align adviser CPD with TPB

The Association of Financial Advisers has urged the Financial Adviser Standards and Ethics Authority not to impose extreme CPD requirements on advisers but, rather, align...

Policy & Regulation

AAT upholds TPB’s decision-making approach

The Administrative Appeals Tribunal has affirmed the Tax Practitioners Board’s termination for tax agent Ranjit Dadwal’s tax agent registration, following criminal conduc...