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Showing 11 - 20 of 49 results for "Tax Agent Services Act"

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 ...

Application fees increase for tax advisers

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... fees can take effect from 1 July 2018." On March 1, the TPB celebrated its eighth birthday, along with the Tax Agent Services Act 2009 (TASA). "Since the TASA and the TPB commenced, Australian tax practitioners have responded well to the challenge of ...

Advisers call for exam, standards clarity

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... proficiency exam. Areas of testing the FPA is recommending include Chapter 7 of the Corporations Act; the Tax Agent Services Act; anti-money laundering and counter-terrorism laws; common law fiduciary duties and ethics, he said. One audience member expressed ...

Advisers face tax registration risk

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
... with the TPB, their registration is in jeopardy because they haven't received our renewal reminders." "The Tax Agent Services Act 2009 also requires registered tax practitioners to notify the TPB within 30 days of their contact details changing," Taylor ...

Lapsed adviser registrations could spell trouble: TPB

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
... and are no longer registered with the TPB to legally provider tax (financial) advice services. "Under the Tax Agent Services Act 2009 (TASA) if you are providing a tax (financial) advice service for a fee or other reward, you must be registered with ...

Former FPA chair joins Tax Practitioners Board

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
... the provision of tax agent services across all Australian states and territories as provided for in the Tax Agent Services Act 2009 (Act). The board's statutory functions include administering the registration of tax agents, BAS agents and tax (financial) ...

TASA breach costs business $900,000

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
A tax and accounting business has been fined a record $900,000 penalty for breaches of the Tax Agent Services Act 2009 (TASA) that all financial advisers need to comply with. The Federal Court of Australia ruled against Peter Kolya and his Canberra-based ...

RG146 "insufficient" on tax education: IPA

LAURA MILLAN  |  THURSDAY, 16 OCT 2014
... of derivative products, employee share schemes, estate planning and in-depth coverage of CGT. Under the Tax Agent Services Act (TASA) 2009, financial advisers providing tax advice need to be registered as tax agents with the TPB.

Advisers to study for 200 hours under TASA

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... education requirements under TASA, the TPB proposed in two exposure drafts on education requirements under the Tax Agent Services Act (TASA) 2009. The TPB considered the minimum education standards for financial advisers to be insufficient and noted ...