18 Feb 2021 Tax Practitioners Board

TPB consults on proposed changes to continuing professional education

The Tax Practitioners Board (TPB) has released two exposure drafts for consultation on its continuing professional education (CPE) policy requirements:

• Exposure Draft TPB(EP) D44/2021 Continuing professional education policy requirements for registered tax (financial) advisers (Close date: 11 March 2021)
• Exposure Draft TPB(EP) D43/2021 Continuing professional education policy requirements for registered tax and BAS agents (Close date: 11 March 2021)

One of the key changes, supported by the initial feedback, is the increase in the minimum number of CPE hours to 120 hours over three years for all registered tax practitioners.

More information can be found here.