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ATO and Tax Practitioners Board target identity fraud in partnership with tax profession


Joint media release between the Australian Taxation Office and the Tax Practitioners Board
The Australian Taxation Office (ATO) and the Tax Practitioners Board (TPB) are focused on measures to intercept attempted identity fraud targeted at registered tax practitioners and their clients. New guidelines will strengthen and modernise the practices and controls that registered tax practitioners follow when verifying the identity of their clients.
The ATO has seen an increase in attempts by criminals to commit refund fraud by stealing the identities of taxpayers which has coincided with an increased reliance on technology and remote working practices. Having your identity compromised can have devastating financial consequences. ....

Sylvia Gallagher , Australian Taxation Office , Tax Agent Services , Tax Practitioners , Tax Practitioners Board , Commissioner Sylvia Gallagher , Tax Agent Services Act , சில்வியா கல்லாகர் , ஆஸ்திரேலிய வரிவிதிப்பு அலுவலகம் , வரி ப்ர்யாக்டிஶநர்ஸ் , வரி ப்ர்யாக்டிஶநர்ஸ் பலகை , ஆணையர் சில்வியா கல்லாகர் ,

Advisers worried about the cost of the single disciplinary body


Association of Financial Advisers (AFA) acting chief executive, Phil Anderson said that it had always been inevitable that the establishment of the single disciplinary body would bring another layer of cost and it was important to recognise the impact.
He said the AFA would be making a comprehensive submission to Treasury responding to the exposure draft legislation which would include pointing out the manner in which financial advisers and licensees were already being impacted by regulatory costs.
A number of dealer group executives told
Money Management that they believed the Government should be urged to use the establishment of the single disciplinary body as a catalyst for an overall review of the regulatory layers, particularly in circumstances where the Financial Adviser Standards and Ethics Authority (FASEA) was being removed, and the those of the Tax Practitioners Board (TPB) subject to some consolidation. ....

Phil Anderson , Investments Commission , Ethics Authority , Association Of Financial Advisers , Federal Government , Financial Advisers , Money Management , Financial Adviser Standards , Tax Practitioners Board , Australian Securities , Single Disciplinary Body , Ya Sea , Phil Anderson , பில் ஆண்டர்சன் , முதலீடுகள் தரகு , நெறிமுறைகள் அதிகாரம் , கூட்டாட்சியின் அரசு , பணம் மேலாண்மை , வரி ப்ர்யாக்டிஶநர்ஸ் பலகை , ஆஸ்திரேலிய பத்திரங்கள் , ஒற்றை ஒழுக்கம் உடல் , ஹில் ஆண்டர்சன் ,