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20 Nov 13 Tax Practitioners Board updates its CPE requirements

In a media release issued on 18 November 2013, the Tax Practitioners Board (TPB) announced the release of its updated Continuing Professional Education (CPE) policy (Explanatory Paper TPB(EP) 04/2012). This CPE policy incorporates the recent legislative amendments to the Tax Agent Services Act 2009 (TASA) which took effect on 30 June 2013 and which made CPE a registration renewal requirement for individual tax and BAS agents.

The CPE policy includes relevant examples to assist registered tax and BAS agents understand and comply with the TPB’s CPE requirements. The updated CPE policy supersedes the Board’s previous CPE policy, but many of the key principles remain unchanged.

The TPB’s CPE requirements for registered tax and BAS agents before 30 June 2013 are contained in the superseded TPB(EP) 04/2012 Continuing professional education. The CPE requirements contained in the superseded TPB(EP) no longer apply.

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