If you provide advice about financial liabilities, obligations or entitlements for a fee, you are required to meet the requirements of the Tax Agent Services Regulations (TASR). This subject provides an approved pathway to compliance with your new obligations.
Financial planners advise on a wide range of opportunities for clients. Superannuation, investments, savings, estate planning, insurance, debt management - and more.
Each of these have a tax implication. if you provide professional financial advice, and have a role in ascertaining or advising about liabilities, obligations or entitlements for a fee, you must become a tax agent.
Tax Law for Financial Planning meets the requirements you need to comply, and covers key topics such as the tax treatment of different entities, CGT rules and capital gains tax (CGT) events, fringe benefits, superannuation and tax anti-avoidance provisions.