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Showing 1 - 10 of 47 results for "Tax Agent Services Act"

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code of Ethics); and financial advice construction ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code of Ethics); and financial advice construction ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... taxpayer faces a fine [for tax avoidance]," she stated. TPB chief executive secretary Michael O'Neill said the Tax Agent Services Act only allows pecuniary penalties in certain circumstances and did not apply in this instance. Pushed further on why that ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... sentence. He, and his related companies, were also fined over $640,000 for multiple offences under the Tax Agent Services Act 2009. The Tax Practitioners Board (TPB) said it was a welcome outcome, and expressed concern that Hacker had continued to act ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... independent review of the Tax Practitioners Board. In announcing its support for the review of the TPB and the Tax Agent Services Act 2009 last week, the federal government said it supports Recommendation 7.1, which calls for a new model to regulate ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... TLL Tax Pty Ltd and its director Liying Tong breached sections of the Code of Professional Conduct in the Tax Agent Services Act 2009 relating to competency, honesty and integrity, and banned the tax agent for a period of two years. The TPB's investigation ...

FPA, TPB to share information

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... information sharing going forward. The MOU will facilitate the exchange of information on matters relating to the Tax Agent Services Act 2009 and the Code of Professional Conduct. FPA chief executive Dante De Gori said the association was honoured to ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... CPA noted the myriad federal acts advisers were required to comply with, including the Corporations Act, Tax Agent Services Act, National Consumer Credit Protection Act, and other obligations imposed under the ASIC Act and FASEA to name a few. "Often ...

TPB welcomes independent review

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... Tax Practitioners Board (TPB) welcomed the release of a discussion paper in the review of the TPB and the Tax Agent Services Act 2009. The new discussion paper outlines the views of Keith James, who is heading up the independent review into the TPB. ...

Advisers failing to submit SMSF returns

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
... activity statements and ATO debt need to address these obligations urgently as they may be in breach of the Tax Agent Services Act 2009." The TPB cites data which shows more than 2500 tax practitioners have not lodged one or more of their personal income ...
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