What Agents Need to Know about Recent Changes to Tax Practitioners Board

With an increased focus from the TPB on reporting requirements and investigations, find out what the recent changes to the rules are and what to do if they knock on your door!

The session will cover the previous requirements and the recent changes to the Tax Agent regulatory framework in the Tax Agent Services Act 2009, which governs who can be registered and how they should be regulated.

The session will explain the main components of TASA and use case studies to illustrate the following:

• The prohibitions against offering ‘tax agent services’ without being registered and the sanctions applied against unregistered providers – noting [partial] carve-outs for lawyers
• The requirements for becoming a Tax Agent or BAS Agent
• The Code of Professional Conduct, and the recent widening of those requirements, governing the behaviours of such Agents and sanctions available where those requirements may be breached
• What to expect in Board investigations and how best to deal with their enquiries
• Summary of the recent changes from the review of the Board, the media on the Board and the recent Government announcements regarding the Board and changes to TASA

While initially introducing the concepts, the session is intended to then walk-through the registration and regulatory issues, using reported cases to understand how the system works in practice.

Learning Outcomes:

To understand the rules and regulations contained in TASA and how they impact on the provision of ‘tax agent services’, including:

• The historical context for the Board in the tax and super system
• the requirements necessary to become a registered agent under TASA
• what can happen to unregistered providers of ‘tax agent services’, in terms of sanctions available against them
• the requirements applying to registered Agents, under the Code of Professional Conduct – including in the recent changes to the Code and the
• the sanctions now available to the Board for Agents who may have breached those requirements, and
• the current future issues impacting on the Board’s areas of focus and their programs of work

Suited to:

Tax Agents, BAS Agents, R&D Advisers, lawyers, accountants, financial planners and other tax-related professionals

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation