On 10 May 2019, the Tax Practitioner’s Board (Board) issued a draft Practice Note TPB(PN) D40/2019 – giving guidance to tax agents, that register with the Board, on status of ‘Letters of engagement’, their relevance, roll and the matters the Board thought relevant to include.

On 31 May 2019, the Law Council of Australia (LCA) made a submission on its contents – about where the draft exceeds the law, omits matters, or could provide better guidance.

See below for a summary of the LCA’s submission, the submission (in full) and the draft practice note (in full).

FJM 1.6.19

[Tax Month – May 2019]

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