The Tax Practitioners Board (TPB) has released the following proposed guidelines as exposure drafts for comment:
- TPB(PG) D04/2014 Course in Australian taxation law that is approved by the Board for tax (financial) advisers; and
- TPB(PG) D05/2014 Course in commercial law that is approved by the Board for tax (financial) advisers.
The exposure drafts aim to assist relevant institutions and the wider community to understand the Board’s proposed approach to the qualification requirements for registration as a tax (financial) adviser.
The 2 Board approved courses form part of the qualification requirements for individuals seeking registration as a (tax) financial adviser under the “standard registration option”, which commences on 1 January 2016. The exposure drafts include information regarding the proposed requirements such as topics and learning outcomes, duration, course providers, education level, manner of delivery and assessment.
COMMENTS are due by 19 September 2014.
[LTN 161, 21/8/14]