tpb

It’s not just taxpaying clients on thin ice over dodgy claims

In the ATO’s most recent tax professional webcast, a viewer posed the statement: “Agents lodging incorrect claims should be weeded out.” In response, one of the panel, Assistant Commissioner Kath Anderson, agreed that it is in everybody’s best interests to have a level playing field, but added, referring to practitioners, not their clients: “We need

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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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Tread carefully: TPB re-registration is not always a “given”

A tax agent applied to re-register with the Tax Practitioners Board (TPB), mistakenly assuming this was something of a formality, only to find that the board concluded he was not a “fit and proper person” to hold registration. TPB re-registration is not always a “given” The TPB rightly sticks by its responsibility to see that

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TPB registration renewal processing times are stretched

The Tax Practitioners Board (TPB) has announced that it is currently working through an unusually large number of new registration and re-registration applications. With a backlog of applications to process, the TPB says practitioners may experience some delays in having their renewal applications processed over the next few months. “However you do not need to

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