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Coronavirus – TPB Concessions

Covid-19 Update

The Tax Practitioners Board has just announced two measures aimed at lessening the administrative burden on practitioners at this time.

First, it has temporarily waived the requirement to complete annual declarations for some tax practitioners, i.e. if an annual declaration is due on or before 31 December 2020, it does not have to be completed until 2021 or 2022 (if the registration renewal is due in 2021). Second, the CPE policy which sets a 25% cap for relevant technical/professional reading activity has been removed until 30 September 2020.

The TPB is asking practitioners to contact it as soon as possible you are facing other specific issues.

Category
ABN
Published
27 Mar 2020
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