Tax Practitioners Board (TPB) Chair, Ian Taylor, says a key focus this year for the Board is ensuring that all registered agents are meeting their professional indemnity (PI) insurance obligations. This includes the requirement for registered agents to provide the Board with policy details that are up-to-date. The TPB Chair is also encouraging registered agents to read the Tax Practitioner Service Charter to learn their rights and responsibilities “as a client of the TPB”. The Charter explains what practitioners can expect from the Board. Mr Taylor says the Board was committed to following it in all its dealings with practitioners.

[LTN 38, 27/2/14]