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Newsletter from the Tax Practitioners Board
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Issue 20 | May 2017 - General edition

Message from the Chair

With tax time fast approaching many tax practitioners will be busy assisting their client’s meet their own tax obligations, however it is important to make sure that you are:
You also need to notify the TPB of any changes in your details, so you do not miss important reminders to renew your registration or complete your annual declaration. You can check and update your contact details online using My Profile.

This tax time the TPB will again be encouraging anyone using the services of a tax or BAS agent to check the TPB Register and to look for the Registered tax practitioner symbol (symbol) to ensure they are using a registered tax practitioner.

Each registered tax practitioner has a symbol that is unique to your registration. When you display your symbol you must include your registration number and registration type. Your registration number is publicly available information and allows consumers to easily check that you are registered by searching the TPB Register.

In the lead up to this busy time I would also like to reiterate the importance of us all working together to maintain and improve the high standards of the tax profession. We value the role tax practitioners play and we are committed to providing you with assistance and support. Our website provides useful information about your obligations under the Tax Agent Services Act 2009 (TASA), and in particular, the Code of Professional Conduct.

Ian R Taylor
Chair, Tax Practitioners Board

TPB termination decision affirmed by the AAT

Our decision to terminate a tax agent’s registration has been affirmed by the Administrative Appeals Tribunal (AAT). The AAT were not satisfied that Mr Ashley Carter of Bowral, NSW was a ‘fit and proper person’.  Mr Carter was also the sole supervising agent of ACA Partners Pty Ltd, whose registration was terminated in April 2016. Read more

Unregistered service provider project

Our unregistered service provider project promoted the importance of complying with the registration requirements of the TASA while creating a level playing field for registered practitioners who do comply. Learn about the project’s outcomes.

Hardship due to natural disasters

Cyclone Debbie caused significant damage to areas in North Queensland in March, and led to flooding throughout Queensland and northern New South Wales. If you have been affected we recognise these events can be extremely challenging and may impact your business continuity. If you need assistance contact us as soon as possible so we can work together to resolve any TPB related matters.

Updated confidentiality guidance

Our information sheet on maintaining confidentiality of client information under the Code of Professional Conduct has been updated regarding inadvertent disclosure of information. Paragraph 26 covers some examples you need to be mindful of.

Upgrading your computers or multi-function printers?

If you are about to upgrade your computers or multi-function printers, remember to protect the security and confidentiality of your client records by making sure you completely delete any data contained on the hard drive of any equipment you are discarding or reselling. Learn more from the TPB and the ATO about how to protect your practice.

Recent Board compliance decisions

The TPB Board Conduct Committee (BCC) regularly reviews matters of alleged failure by registered tax practitioners to comply with the Tax Agent Services Act 2009 (TASA), including the Code. We have published a summary of compliance outcomes from the BCC that highlights recent activity.

FBT returns via PLS

The ATO has requested that we remind you that from this year on, you can only lodge your clients' 2017 fringe benefits tax (FBT) returns electronically through the practitioner lodgment service (PLS). For more information visit the ATO’s tax professionals newsroom.

Your feedback

We invite your feedback on topics or issues you would like us to address in future editions of TPB eNews.

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About the Tax Practitioners Board
The Tax Practitioners Board (TPB) was established to regulate tax practitioners in order to protect consumers. The TPB assures the community that tax practitioners meet the appropriate standards of professional and ethical conduct.
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