The Tax Practitioners Board (TPB) has launched a new continuing professional education (CPE) policy for tax and BAS agents. Board Chairman Dale Boucher said that, from 1 July 2012, all tax practitioners should begin their CPE in accordance with the Board’s policy to maintain their professional knowledge and skills. All agents should maintain a record as evidence of their CPE from 1 July 2012.
CPE activities can include attending seminars and conferences, reading or presenting technical publications or undertaking internet-based courses, Mr Boucher said. Over a standard 3-year registration period, tax agents should undertake a minimum of 90 hours of CPE, while BAS agents should undertake a minimum of 45 hours. The policy applies to all registered tax and BAS agents.
From 1 July 2013, the TPB will start to ask agents how they comply with the CPE policy.
More information about the CPE policy is on the Board’s website.
Source: TPB media release, 4 June 2012
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