Issued: 7 August 2024
Last modified: 25 October 2024
The Tax Agent Services (Code of Professional Conduct) Determination 2024 (Determination), registered on 2 July 2024, introduced 8 additional Code obligations for tax practitioners. On 8 October 2024, the government amended the Determination as a result of stakeholder feedback and to provide greater clarity and certainty to tax practitioners on the additional obligations.
The new obligations commence on:
- 1 January 2025 – for large tax practitioners with more than 100 employees
- 1 July 2025 – for smaller tax practitioners with 100 or less employees.
To assist you to understand the new obligations, we have released a suite of draft guidance materials for broad public consultation, with the aim to finalise guidance in December 2024.
The consultation process will be strengthened by a series of webinars to further help you understand the draft guidance, ask questions and provide feedback that will shape the final products. See our webinars page for our upcoming webinars.