IFPA Welcomes Clarified Professional Standards for Tax Practitioners

The Institute of Financial Professionals Australia (IFPA), representing over 15,500 independent tax, superannuation, and financial services professionals, has today submitted its detailed response to the Tax Practitioners Board (TPB) on […]

Submission on TPB(I) D56/2024 to TPB(I) D61/2024

The Institute of Financial Professionals Australia (IFPA) today provided our response to the above draft Information Sheets (IS) released by the Board on 24 October 2024, on aspects of the […]

Stuart Sheary Appointed Senior Technical Services Specialist

The Institute of Financial Professionals Australia (IFPA) is pleased to announce the appointment of Stuart Sheary as Senior Technical Services Specialist. With over 20 years of experience in the financial […]

Our Submission on ATO’s Draft PCG 2024/D2: Advocating for Clearer Guidelines

The Institute of Financial Professionals Australia (IFPA) has provided a detailed submission in response to the draft Practical Compliance Guideline (PCG) 2024/D2 issued by the Australian Taxation Office (ATO). The submission […]

Breakthrough for retirees in legacy pensions

The Institute of Financial Professionals Australia (IFPA) has praised the government’s draft regulations aimed at providing long-awaited relief for retirees trapped in legacy pension products. These reforms will allow retirees […]

Submission by joint professional bodies on TASA Code of Professional Conduct changes

Yesterday the joint professional bodies lodged a submission on the latest proposed changes to the TASA Code of Professional Conduct. The Institute of Financial Professionals Australia was a co-signatory. The […]

Joint bodies remain concerned about new tax agent obligations

The professional bodies representing Australia’s tax and BAS agents, including the Institute of Financial Professionals Australia (IFPA), have advised that they met with the Assistant Treasurer’s office and Treasury on […]

A message to the Government from Australia’s taxation professionals

The Joint Bodies, including the Institute of Financial Professionals Australia, firmly support and advocate for reforms that strengthen the accounting profession but believe the government’s new rules for tax practitioners overreach in a way that is […]

Limited Consultation on New Tax-Agent Code Raises Concerns Among Professional Bodies

The Joint Bodies, including the Institute of Financial Professionals Australia, have raised concerns over the limited consultation on the recent Tax Agent Services (Code of Professional Conduct) Determination 2024. The changes, […]

Submission on the Review of Eligibility Requirements for Registration with the Tax Practitioners Board (TPB)

On Wednesday 7 August 2024, the Institute of Financial Professionals Australia (IFPA) submitted a formal response to Treasury’s Consultation Paper on the Review of Eligibility Requirements for Registration with the Tax Practitioners Board […]