Response to PwC – Tax Practitioners Board registration review

Response to PwC – Review of the eligibility requirements for tax practitioner registration with the Tax Practitioners Board

The government has released a consultation paper reviewing the Tax Practitioners Board (TPB) registration requirements for tax practitioners with a particular focus on the education, qualification and experience requirements for new entrants and existing practitioners.  

The paper relates to the priority area identified for action in the government’s response to the PwC matter: Strengthening our regulatory arrangements. 

The consultation paper explores the following areas of improvement for registration pathways: 

• strengthening company and partnership registration eligibility requirements
• reviewing the professional association 'recognition’ and registration pathways
• broadening the TPB’s ability to accept alternative forms of ‘relevant experience’.

The government is seeking stakeholder feedback on proposed reforms that will seek to strengthen and modernise the TPB’s registration requirements for tax practitioners.

Treasury roundtables

During the consultation period between 17 July 2024 and 7 August 2024, Treasury will be holding virtual roundtable discussions to supplement the written submissions process.

If you are interested in attending, please email an Expression of Interest (EOI) to PwCresponse@treasury.gov.au before 26 July 2024 to register. Please include the following information in your EOI:

• Name of individual(s), and the organisation/s represented (if relevant)
• Type of organisation if applicable, for example:
  • Tax agent (individual or firm)
  • BAS agent (individual or firm)
  • Multi-disciplinary firm
  • professional or industry association
  • civil society
  • academia
• Contact details, including email and phone number/s
• Any times the individual/s will not be available