Publication Overview All practitioners providing a ‘tax
service' or a ‘BAS service' will be subject to the new Tax Agent Services
regime from 1 March 2010. It will inevitably change the way in which agents
carry on their businesses.
Changes introduced by the new laws
include a Code of Conduct which will govern the activities of both tax agents
and BAS agents, and the introduction of ‘safe harbor provisions' which may
enable taxpayers to avoid certain administrative penalties which would
otherwise be payable under the tax laws.
In recognition of these historic
changes, and as an aid to tax practitioners, Taxpayers Australia has produced a
practical guide which outlines the new
regime and provides tax and BAS agents with answers to the key questions they
must address.
The Tax Agent Services Regime - What you need to
know: A practical guideis available free of charge in electronic format to members, and if the printed
version is preferred will cost $19.95 inc GST and p&h.
Non-members can also avail themselves of
the publication at $39.95 inc GST and p&h - print version only.