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New governance forum takes its first steps

21 July 2021

New governance forum takes its first steps

The independent review of the Tax Practitioners Board (TPB) recommended a new governance forum be created to safeguard the independent role of tax practitioners in the tax system. The government supported this recommendation, which led to the establishment of a new Tax Practitioner Governance and Standards Forum (TPGSF). 


Purpose of the forum

The main purpose of the TPGSF is to ensure any significant proposals affecting tax practitioners, such as changes to relevant legislation and regulations, including the Code of Professional Conduct are made with appropriate consultation. Additionally, it is charged with helping to develop a Charter of Tax Practitioner Governance. 


Members of TPGSF

The TPGSF includes the following members, representing government and professional associations: 

Co-Chairs
  • CPA Australia
  • Chair of the TPB
Non-government members

Non-government members include representatives from the following professional organisations:

  • Australian Bookkeepers Association (ABA)
  • Chartered Accountants Australia and New Zealand (CAANZ) 
  • Corporate Tax Association (CTA) 
  • Financial Planning Association of Australia (FPA) 
  • Institute of Certified Bookkeepers (ICB) 
  • Institute of Public Accountants (IPA)/Association of Accounting Technicians Australia (AATA) 
  • Law Council of Australia & Law Society of NSW 
  • SMSF Association 
  • The Tax Institute (TTI)
     
Government members The government members include:
  • The Chair of the TPB
  • Secretary/CEO, TPB
  • Deputy Commissioner, Australian Taxation Office
  • Senior officer/s of the TPB
  • A representative of the Professional Standards Council.


 

First forum meeting held

The TPGSF held its first meeting on Tuesday 6 July 2021. 

A summary of key discussion points from the TPGSF meetings will be published on the TPB website.


Further information


Last modified: 21 July 2021