Recent Changes to the Tax Agent Services Legislation with Arthur Athanasiou and Keira Tweedie
Important changes to the Tax Agent Services Act 2009 (Cth), and Professional Code of Conduct include breach self-reporting by tax agents, reporting of another tax practitioners, and disclosure of client information required by law.
Arthur Athanasiou and Keira Tweedie of Thomson Geer, Melbourne, discuss this important update, in effect from 1 August 2024, including:
• Background to the changes to the Tax Agent Services Act 2009 (Cth) and the Code of Professional Conduct, including the James Report, the Treasury Laws Amendment (2023 Measures No 1) Act 2023 (Cth) and the subsequent lack of consultation with key stakeholders
• Upholding the ethical standards of the tax profession
• False or misleading statements
• Conflicts of interest in dealing with government
• Maintaining confidentiality
• Ensuring competent tax agent services
• Quality Management Systems
• Keeping Clients Informed
Purchase this video for $49 (inclusive of GST). Checkout button is below the video.
Watch the preview video below: