tax practitioners

The ATO’s first webcast for 2018, next Monday

Over last calendar year, the ATO found a high demand for its “Tax professional conversations”, a series of webcasts. These were hosted by assistant commissioner Colin Walker, and were usually co-hosted by a panel made up of members of professional associations, tax agents, BAS agents, digital service providers (software developers) and senior ATO staff. The

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Warning: Tax (financial) advisers need to re-register before the rush

The Tax Practitioners Board (TPB) is urging tax (financial) advisers who need to renew their registration by 1 January 2018 to get in early, as almost 13,000 other practitioners will be due to renew at the same time. TPB chair Ian Taylor encourages tax (financial) advisers to renew early to avoid application processing delays. “Tax

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Upcoming ATO open forums for practitioners

As part of its ongoing engagement with tax practitioners, the ATO has announced some upcoming ATO open forums for practitioners. It will again be holding these open forums in a range of locations across Australia between September and December 2017. Open forums are an opportunity for tax practitioners to have an open two-way dialogue with

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Avoiding common tax return errors: Tips from the ATO

While many may see recently issued ATO advice as re-stating the bleeding obvious, it does of course ring true when it says that lodging returns with incorrect or incomplete information will delay processing. Generally the processing of these incomplete returns will be stopped in order to verify or update details. Helpfully however, the ATO has

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Tax (financial) adviser? You are required to follow confidentiality requirements to keep your registration

As every registered tax practitioner knows, retaining such registration (and therefore maintaining your ability to charge clients for your services) requires adherence to several conditions set out by the Tax Practitioners Board (TPB). Registered tax practitioners includes tax agents, BAS agents, and now tax (financial) advisers. All must comply with the Tax Agent Services Act

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