07 Oct 1111 On the Tax Practitioners Board and PI insurance
MEMBER 183 writes:
"TAXVINE No 38 (30 September 2011) contained an article on the Tax Practitioners Board (TPB) Consultative Forum. This article stated that 'agents who have not made any attempt to notify the TPB may face sanctions'. I notified the TPB about my PI but due to a malfunction of their software the TPB contacted me and stated that I had not notified them. I then looked up my copy of the previous notification but still could not get their software to operate so I sent the TPB an email with the details.
The TPB is threatening sanctions against Tax Agents. What are the appropriate sanctions against the TPB for its inability to fix its 'technical issues faced by agents in relation to the notification process'. It is only fair that they suffer sanctions also. Tax agents will lose their registrations so thus the members of the TPB should lose their jobs."