TPB seeks feedback as part of its CPE review

"Tax practitioners have an obligation to maintain their CPE requirements and this is vital to ensure they continue to hold relevant and contemporary knowledge and skills," said Michael O’Neill, CEO of the TPB.

"This review represents a real opportunity for us to both understand how tax practitioners view the existing system and to obtain input into the process for defining our CPE policy requirements moving forward."

Review of the TPB’s CPE requirements is timely given the TPB last reviewed its requirements for tax and BAS agents in 2012 and in 2014 for tax advisers.

The discussion paper outlines several consultation points on core policy elements of the TPB’s CPE policy, including the TPB’s proposed revised views on CPE requirements.

The TPB is now welcoming feedback, which it will review before determining next steps.

The comment period is open for 28 days, with the closing date for submission being 18 March 2020.

Written submissions should be made via email at tpbsubmissions@tpb.gov.au or by mail.