Enhanced TPB register protects consumers and practitioners
The Tax Practitioners Board (TPB) announced improvements today to support both consumers and professional tax advisers.
Announcing the changes, TPB Chair, Ian Klug AM said, ‘Nearly three quarters of all taxpayers rely on tax practitioners to get their taxes right. The vast majority of these practitioners act with integrity and professionalism. We have updated our public register so that the community can more easily find registered agents who can be trusted.'
Anyone using the services of a tax agent, or considering engaging a new one, is urged to check the register to avoid the risk of potentially being exposed to fraud or unexpected tax liabilities and penalties, possibly running into thousands of dollars.
The new TPB register will improve transparency for the general public, including more details of practitioners who have been sanctioned for misconduct, and for others who have resigned or surrendered their agent’s registration.
The TPB register allows community members to make more informed choices about the right adviser. It also improves integrity, guarding against unregistered advisers and those who engage in misconduct.
The new register is available on our website.
About the Tax Practitioners Board:
The Tax Practitioners Board regulates tax practitioners in order to protect consumers. The TPB aims to assure the community that tax practitioners meet appropriate standards of professional and ethical conduct. Follow us on Twitter @TPB_gov_au, Facebook and LinkedIn