The Tax Practitioners Board (TPB) has moved to lighten the load for tax (financial) advisers with changes to its continuing professional education (CPE) arrangement, particularly the temporary lifting of the professional reading cap.
The TPB has announced it has temporarily revised its CPE requirements as a result of COVID-19 with a six-month adjustment.
“Currently, our policy sets a 25% cap for relevant technical or professional reading,” it said. “We’re removing this cap for the next six months.”
“It’s important to note that while the 25% professional reading cap has been temporarily lifted, we expect you to first and foremost explore online CPE offerings. All other elements of our CPE requirements remain unchanged,” it said.