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Showing 1 - 10 of 79 results for "TPB"

New law tightens foreign resident CGT rules on Australian property assets

KARREN VERGARA  |  FRIDAY, 11 SEP 2026
... issues that stemmed from the PwC tax leaks scandal, and recommendations from an earlier review of the Tax Practitioners Board (TPB), through amendments to the Tax Agent Services Act. This includes a stronger sanctions framework including criminal penalties ...

Treasury opens consult on TPB sanctions framework

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
... on draft regulations and a draft determination to support a stronger sanctions framework for the Tax Practitioners Board (TPB). The draft regulations would require the TPB to publish information about sanctions on the public register. This would apply ...

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
Treasury is seeking feedback on draft legislation that would give the Tax Practitioners Board (TPB) stronger regulatory powers and enable greater sanctions. The draft legislation proposes to introduce criminal penalties for unregistered tax return preparers ...

TPB consults on AI usage rules

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
The Tax Practitioners Board (TPB) has proposed new artificial intelligence (AI) usage rules for tax practitioners while providing tax agent services. The TPB has released draft guidance and is seeking feedback until April 21. Some of the core obligations ...

Government looks to bolster TPB, tax compliance

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
The government plans to strengthen the sanctions available to the Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... The Administrative Review Tribunal (ART) has declined to stay or suspend sanctions imposed by the Tax Practitioners Board (TPB) against disqualified tax agents in three separate cases. All three cases relate to misconduct on the part of tax agents, including ...

ASIC bans adviser who misled TPB

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
ASIC banned a financial adviser who was found to have lied to the Tax Practitioners Board (TPB) to remain registered and provided advice to clients despite being unable to manage his own tax affairs. John Hazell, formerly managing director of Richmond ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... Peter-John Collins was a central figure in the scandal. His actions resulted in a two-year ban from the Tax Practitioners Board (TPB), while ASIC barred him from working in financial services. In the newly released consultation paper, Treasury said it ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... in providing independent oversight and investigation of the Australian Taxation Office (ATO) and Tax Practitioners Board's (TPB) administrative practices". "The government would also like to thank the outgoing IGT, Ms Karen Payne, for her service and ...

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... requirement to be listed on the Financial Advisers Register. While all advisers registered with the Tax Practitioners Board (TPB) as at 1 January 2022 and have no changed licensee are automatically registered, the FAAA estimates almost 6000 advisers ...
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