Tax Agents Services Regime - Recording

Develop a sound understanding of the new regime and your obligations under the Code Of Professional Conduct.

The session will focus on the practical implications and application of the regime, covering:

• the new Tax Agents Services legislation, transitional provisions and regulations
• the transition for current tax agents and nominees under the current law into the new regulatory regime
• how certain entities can become registered BAS agents
• ongoing obligations and accountability of tax agents and BAS agents under the new regime
• the level of information required by agents from their clients
• penalties for non-compliance
• the Code of Professional Conduct, lack of reasonable care and case studies
• the role of the new National Tax Practitioner Board

Learning outcomes:

• Understand the new rules for tax agents and BAS agents in the context of registration, conduct of a tax agent’s business and responsibilities to clients
• Understand ongoing obligations and responsibilities under the new rules
• Recognise the business structures that a tax agent and BAS agent may operate in
• Be aware of the sanctions that a tax agent and BAS agent may face for breach of the Code of Professional Conduct
• Understanding of the role of the new National Tax Practitioner Board

Who should attend?

Tax Agents
BAS Agents
Public Practitioners
Preparers of tax returns and BAS