“Pile of new red tape”: Coalition pushes to disallow controversial rules for tax practitioners
The Coalition will seek to reverse a set of new and highly controversial rules for tax practitioners, arguing they will impose unnecessary red tape on accountants and bookkeepers.
Accountants welcome last-minute reprieve from new tax rules, but fear extra costs and red tape
Accountants and bookkeepers have welcomed a last-minute reprieve from eight new obligations scheduled to begin in August, but feel more should be done to shield small practices from further 'red tape'.
Petition against “unfair and unworkable” tax agent rules attracts 2,000 signatures
A petition against "unfair and unworkable" changes to the rules governing tax agents has closed with more than 2,000 signatures, calling on Assistant Treasurer Stephen Jones to reconsider the August 1 shake-up.
“Potential consequences”: Treasury proposal to close tax agent registration pathway draws concern
A significant pathway to tax practitioner registration should be closed, the Treasury argues, rattling the accounting sector and causing concern among professional associations like CPA Australia.
ATO goes after $29.8 million owed by tax advisers
ATO officers have identified $29.8 million in liabilities from engagements with tax advisers who have failed to keep their affairs in order.
Tax practitioner watchdog set to receive new funding and powers following PwC bombshell
Preserving trust between tax professionals and the ATO is necessary to provide the best outcomes for small business, accounting industry expert Tony Greco says, as the federal government chases the PwC tax leak scandal.
Tax watchdog records drop in complaints, but 65 agents still deregistered
Almost 1300 complaints and referrals were assessed by the Tax Practitioners Board during the 2021-22 financial year.
Budget 2022: ATO resources beefed up to tackle shadow economy and tax avoidance
The ATO will see funding for its Tax Avoidance Taskforce increased by approximately $200 million per year over four years, effective July 1, 2022.
Victorian tax agent loses registration after practitioners board cracks down
The Tax Practitioners Board has terminated the registration of a Victorian tax agent and banned him for five years.
Sydney tax agent banned after filing 43 JobKeeper applications without permission
A Sydney-based tax agent has had her registration cancelled, after the regulator found she filed 43 JobKeeper applications without her clients' permission.
Business owner fined $40,000 for falsely claiming to be a registered tax agent
A business owner who falsely claimed she was a registered tax agent has been fined $40,000 by the Federal Court after she unlawfully provided tax agent services to hundreds of people.
Tax agents terminated after claiming family pets as guard dogs
Tax agents have their licence cancelled after trying to claim family pets as guard dogs and personal training sessions as conference expenses.
