Tax Practitioners Board

Breach reporting is a hot topic right now, so we’ve created a new webinar to help you understand the requirements. Join us on Wednesday, 15 May AEST at 1:30 pm – 2:30 pm for ‘New breach reporting requirements’. This session will be co-presented by our Chair, Peter de Cure AM, and the Chief Learning and Innovation Officer of CPA Australia, Elinor Kasapidis. Find out about our draft guidance and what it may mean for you and earn free continuing professional education (CPE) for attending. Register now: https://ow.ly/uJSN50RB3Q0

We take privacy seriously. That’s why we’re proud supporters of Privacy Awareness Week. As a tax practitioner, you have an obligation under the Code of Professional Conduct (Code item 6) to maintain the confidentiality of your clients’ information. There are a few things you can do to mitigate the risks of losing personal client information. Find out what they are: https://ow.ly/NNqF50Rx0S5 #PAW2024 #PrivacyAwarenessWeek #PowerUpYourPrivacy

Thinking about retiring or selling your practice? There are 4 steps you need to take before you move on: ✅ Inform your clients of your decision and seek permission to transfer their details to another tax practitioner if you’re doing so. ✅ Advise the Australian Taxation Office (ATO) of your reason for surrendering your registration. ✅ Finalise all clients’ tax affairs before loss of ATO systems. ✅ Submit our online form to surrender your registration: https://ow.ly/xc1Z50Rx0SO Find out more: https://ow.ly/izSr50Rx0SM

Did you know it’s Privacy Awareness Week? The Office of the Australian Information Commissioner is urging all Australians to ‘power up’ on privacy. Find out what you can do to keep your clients’ information and your practice safe: https://ow.ly/js9L50Rx0IN #PAW2024 #PrivacyAwarenessWeek #PowerUpYourPrivacy

Losing your data can often be expensive and virtually impossible to get back. Prevent this from happening to you by regularly backing it up to the cloud or an external hard drive before it’s too late. The Australian Cyber Security Centre has practical step-by-guides to show you how to do this. View their guides now: https://ow.ly/4PF550Rvl6p

It’s Privacy Awareness Week! From 6 to 12 May, we’re joining the Office of the Australian Information Commissioner to promote the importance of protecting your personal information and your clients’. With privacy reform on the way, make sure you’re well positioned to meet the privacy standards your clients expect by following our tips: https://ow.ly/QglB50Rvlnx #PAW2024 #PrivacyAwarenessWeek #PowerUpYourPrivacy

What are your obligations if you suspect a client is trading insolvent? What should you do if you have a client that refuses to apply for a director ID? What are the cyber security implications to consider when outsourcing overseas? These were some of the questions we answered during our ‘Questions at the coalface’ webinar. Find out the answer to these and more: https://ow.ly/oOKn50Rvlhc

Have you renewed your professional indemnity insurance policy? Remember to let us know every time your policy is renewed so you are meeting your ongoing registration obligations. We need to know the details of your policy or the details of the tax practitioner who holds a policy that covers you. Find out more: https://ow.ly/zpem50Rt2AW

Have you submitted your tax practitioner renewal application on time? Make sure you don’t miss your renewal deadline. Your application is due 30 days before your registration expires. If you’re not sure when your expiry date is, check our Register to find out: https://ow.ly/Awr050Rt2vT

We’re seeking your feedback on draft guidance we’ve released on the additional breach reporting obligations that will apply to registered tax practitioners from 1 July 2024. The draft guidance, consisting of 3 documents, explains what the additional obligations are, when they apply, what constitutes a ‘significant breach’ and much more. Submit your feedback on the draft guidance by 28 May 2024. Find out more: https://ow.ly/7EIf50RruL9