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Showing 11 - 20 of 45 results for "Tax Agent Services Act 2009"

Advisers face tax registration risk

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
About one-fifth of financial advisers are at risk of being unable to legally charge for the tax advice they provide according to the Tax Practitioners Board. Data released by the board yesterday shows that of the 1100 renewal reminder emails sent to ...

Lapsed adviser registrations could spell trouble: TPB

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
More than one quarter of tax (financial) advisers due to renew their registration with the Tax Practitioners Board in July failed to do so, potentially providing tax advice services illegally. Of the 2748 advisers registered to provide such advice ...

Former FPA chair joins Tax Practitioners Board

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
The Financial Planning Association of Australia (FPA) has welcomed the appointment of a financial adviser to the Tax Practitioners Board (TPB) after long advocating for the position. Former FPA chair Julie Berry is one of five new board appointments ...

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 ...

AFA unveils main principles of code of conduct

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... Commission (ASIC). The AFA is now seeking guidance from a working group and taking into account the new Tax Agent Services Act (TASA) requirements, as well as the recommendations of past Senate inquiries into financial advice. Speaking about the recent ...

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
Financial planners who provide tax financial advice can register from today with the Tax Practitioners Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA). The TPB has sent all Australian financial services licensees (AFSL) instructions ...

TPB releases tax advice definition in YouTube video

LAURA MILLAN  |  MONDAY, 14 APR 2014
The Tax Practitioners Board (TPB) has listed in a YouTube video the five requirements that advisers need to meet to comply with the definition of tax advisers. In a video uploaded to the TPB's YouTube channel last week, the organisation's chair Ian ...

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... resolution framework and of advisers' professional indemnity insurance. It also asked the FSI to look at the Tax Agent Services Act (2009), which is due to start on July 1, 2014. "We believe that there are issues relevant to TASA that should be considered ...