Tax Practitioners Board

Financial planning

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...

Financial planning

SMSF advice beyond scope of TPB review

Providing advice with respect to Self-Managed Superannuation Funds is complex and something deserving deeper analysis than the current review of the Tax Practitioners Boa...

Policy & Regulation

Tax practitioners may face EUs and permanent bannings

Tax practitioners may find themselves facing a similar array of sanctions to that confronting financial planners including enforceable undertakings and permanent bannings...

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 ...

Financial planning

TPB adding to adviser woes says AFA

The Association of Financial Advisers has warned the Tax Practitioners Board that it is simply adding to current adviser stress levels by proposing tough new rules around...

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

Tax agent registration terminated for overclaiming expenses

The Tax Practitioners Board has terminated the tax agent registrations of Wollongong tax agent for overclaiming expenses on behalf of their clients. ...

People & Products

FPA appoints new CRC chair

The Financial Planning Association of Australia has appointed Dale Boucher as new chair of conduct review commission....

Policy & Regulation

Accountants baulk at more industry funding for TPB

Big accounting group CPA Australia has warned the Government against seeking to impose a full industry funding model for the Tax Practitioners Board when accountants are ...