Annual declaration for tax (financial) advisers
You must complete an annual declaration to demonstrate that you meet the ongoing registration requirements as a tax (financial) adviser, including:
- having professional indemnity insurance cover
- undertaking continuing professional education/development (for individuals only)
- satisfying fit and proper requirements, and
- meeting your personal tax obligations.
There is no payment required for the annual declaration process.
Individual proof of identity checks
If you are registered as an individual tax (financial) adviser, you must complete a one-off proof of identity (POI) process when you complete your annual declaration from October 2018.
For further information about the POI process including a list of acceptable documents to satisfy POI, refer to Proof of identity checks for tax practitioners.
When is your annual declaration due?
Your annual declaration is due on the anniversary of your registration renewal date. You must complete your annual declaration with us each year, other than in the year you need to renew your registration.
Your renewal date is shown as the registration expiry date on the TPB Register.
We will send you an email approximately 45 days before the due date to remind you when your annual declaration is due. It is important you act on the email we send you about completing your annual declaration. Failing to complete it may be considered as a breach of the Code of Professional Conduct.
You can access your annual declaration form when we notify you via My Profile.
Video: annual declaration form
Provides a quick look at what is covered in the annual declaration form that you need to complete.
Example: How the annual declaration and registration renewal fit together
Sarah’s tax (financial) adviser registration expires on 1 May 2021. She must complete an annual declaration by 1 May 2019 and another annual declaration by 1 May 2020.
As Sarah’s registration expires on 1 May 2021, she is not required to complete an annual declaration in 2021 but she must complete an application to renew her registration at least 30 days before her registration expires.
Keep your details up-to-date
We will email you when your annual declaration is due, so it is important that your contact details, including your email address are up-to-date so our reminders reach you on a timely basis.
You can review and update your contact details using My Profile
Last modified: 9 October 2018