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Tax (financial) advisers urged to beat the renewal rush

Tax (financial) advisers urged to beat the renewal rush

The Tax Practitioners Board (TPB) is urging tax (financial) advisers who need to renew their registration by 1 January 2018 to get in early as almost 13,000 other practitioners will be due to renew at the same time.

Chair of the TPB, Mr Ian Taylor, encouraged tax (financial) advisers to renew early to avoid application processing delays.

‘Tax (financial) advisers who renew early will be registered for at least three years from their current expiry. They can enjoy their December/January break knowing their registration is secure and won’t impact their business,’ Mr Taylor said.

There are things tax (financial) advisers can do to get ready for renewal according to Mr Taylor.

  • Use our online tool to check you meet all the qualification and experience requirements. If you are a voting member of a recognised professional association, this can help you meet them.
  • Update your address and mobile number (for SMS messages) on My Profile to ensure you do not miss renewal reminders.
  • Complete your statement of relevant experience now, especially if it needs to be verified by a supervisor.
  • Register to attend our free webinars - Top Tips for renewing with the TPB to be held in November and December.

‘The TPB website has tools to assist tax (financial) advisers with their renewal application including a video to help them complete a statement of relevant experience and a renewal kit to assist with the process,’ Mr Taylor said.

Applicants can also check the frequently asked questions for tax (financial) advisers if they encounter problems or email us.

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 and LinkedIn

Wednesday, October 25, 2017