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Showing 31 - 40 of 45 results for "Tax Agent Services Act 2009"

Election result to shape the industry: FPA

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... will be pushing for changes in the Future of Financial Advice (FoFA) legislation and more clarity on the Tax Agent Services Act (TASA) 2009. "Moving super aside for a moment, the question if Labor is reelected is what direction will they take on the ...

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... clarification over the definition of 'tax advice' and requirements for training is needed in the amendments to the Tax Agent Services Act (TASA) 2009 the Financial Planning Association (FPA ) said in a submission to Treasury. FPA argued that "there is ...

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Financial Planning Association (FPA) has opposed the proposal to cap self-education tax concessions at $2,000 in a submission to government. The FPA said that a Diploma of Financial Planning costs around $1,800 and that an average adviser would ...

TPB starts consultation on TASA

LAURA MILLAN  |  TUESDAY, 16 JUL 2013
The Tax Practitioners Board (TPB) has started consultations with stakeholders to clarify any uncertainty around the amendments to the Tax Agent Services Act 2009 (TASA). The TPB is helping advisers prepare for the regulatory change and providing them ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Association of Financial Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months ...

Parliament passes TASA bill

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The Parliament has voted and passed the amendments to the tax agents under the Tax Agent Services Act (TASA) bill that will extend the exemption for financial planners to become registered tax agents. The current exemption will be extended to June 30 ...

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... government has agreed to extend the exemption for financial planners to become registered tax agents under the Tax Agent Services Act (TASA) bill. The current exemption will be extended to June 30, 2014 and there will be a three year transition period ...

TASA may also affect industry super funds

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
As the financial services industry awaits MPs' position on the amendments to the Tax Agent Services Act (TASA) bill, industry superannuation funds have raised concerns that the legislation could also affect them. The Australian Institute of Superannuation ...

Industry "disappointed" at PJC recommendation

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
... of the Parliamentary Joint Committee (PJC), which yesterday recommended the Parliament not to amend the Tax Agent Services Act (TASA) bill. The PJC on Corporations and Financial Services presented to the Parliament its report after consultation with ...

Dissenting Coalition TASA report could impact independents

LAURA MILLAN  |  FRIDAY, 14 JUN 2013
The Parliamentary debate over the Tax Agent Services Act (TASA) bill is likely to heat up as the Coalition is reportedly working on a dissenting report that could influence independent MPs. The Parliamentary Joint Committee (PJC) on Corporations and ...