TPB calling for early renewals



Advisers should be planning and ahead and looking to renew their registration in December to beat the rush of 13,000 others who need to renew their tax registration by 1 January, according to the Tax Practitioners Board (TPB).
TPB chair Ian Taylor said processing delays could impact advisers who planned to leave re-registration until the last minute, and said steps should be taken early to ensure the process would be smooth.
“Complete your statement of relevant experience now, especially if it needs to be verified by a supervisor,” he said.
“Advisers who renew early will be registered for at least three years from their current expiry.”
Taylor said advisers should seek direction on the TPB website in the lead up to the renewal period, and could register for TPB webinars on the renewal process throughout November and December.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.