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Showing 11 - 20 of 70 results for "TPB"

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
... where there are transgressions that put the integrity of the tax system and the reputation of the tax profession at risk, the TPB will act firmly and swiftly," TPB chair Ian Klug said. "Over 88% of consumers have high levels of trust in their tax practitioners ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... in the right direction." However, the FPA wants improvements in the tax (financial) advice proposals. Under the bill, the TPB still has the responsibility for the Corporate Authorised Representative (CARs) and AFSL registrations, meaning compliance with ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... doesn't really achieve its goal as it still requires AFSLs and corporate authorised representatives to be registered with the TPB. "The FPA continues to believe that the best outcomes for both financial planners and consumers come about when the government ...

Dodgy SMSF operator loses appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The Tax Practitioners Board (TPB) decision to terminate a Perth tax practitioner has been upheld by the Administrative Appeals Tribunal. Ashley Cross was found to have falsely lodged 125 SMSF annual returns over nine years which declared that self-managed ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... 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 illegally throughout the protracted ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... principle" in response to the 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 ...

Fake tax agent penalised

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... Caolboy from providing tax agent or BAS services for three years and remains unregistered from the Tax Practitioners Board (TPB). Justice Michael Wheelahan noted that Caolboy's actions were at the "serious end of the spectrum" as her clients had their ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... This expansion builds on the services that BAS agents have already been providing under the previous legislative instrument. TPB chair Ian Klug said the consultation process was positively supported by stakeholders. "The new legislative instrument provides ...