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Showing 11 - 20 of 89 results for "Tax Practitioners Board"

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... requirements, it added. According to ASIC, financial advisers who were previously registered with the Tax Practitioners Board are taken to be QTRPs under transitional provisions. ASIC wrote to each of these advisers and their respective AFS licensees ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... Sciacca outlined that some advisers will already be deemed registered because of being registered with the Tax Practitioners Board, but others will need their licensee to register them. When Marshan asked the crowd to raise their hand if they were aware ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
The Tax Practitioners Board (TPB) terminated the registration of two tax agents after finding they prepared and lodged self-managed superannuation fund (SMSF) annual returns with incorrect details. Following an Australian Taxation Office (ATO) referral ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
Assistant treasurer of the Tax Practitioners Board (TPB), Michael Sukkar, has appointed Andrew Conway and Steven Dobson to the board for a three-year period starting from 30 March 2022. Conway is chief executive and a fellow of the Institute of Public ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
The Tax Practitioners Board (TPB) will have a new level of independence, after the government acted to implement the recommendations of the TPB review. "In accordance with recommendation 3.2 of the review of the Tax Practitioners Board, the Morrison ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The Tax Practitioners Board has banned a Victoria-based tax agent for five years for dishonestly obtaining his registration and engaging in further misconduct. Srinivasarao Jakkampudi, sole director and supervising tax agent of Truecare Solutions, requested ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... servicing 200 clients will pay $3838 each to fund ASIC's industry levy, he said. They may also pay the Tax Practitioners Board levy ($700 per adviser), licensee fee (about $50,000 per year), while professional indemnity costs alone can take the total ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... requires individuals to register themselves. Tax (financial) advisers will soon no longer be regulated by the Tax Practitioners Board. They will be governed under the Corporations Act 2001. "To provide tax (financial) advice services, a person must either ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to establish a single disciplinary body, the FPA said ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... (financial) advice services, removing the requirement for tax (financial) advisers to be registered with the Tax Practitioners Board. It also ensures relevant tax experts are appointed to the FSCP to hear disciplinary matters that involve tax-related ...