Compliance program 2011-12

Tax practitioners

Since the introduction of the Tax Agent Services Act 2009 registered agents now include tax agents and BAS agents. More than 53,000 practitioners are now registered with the Tax Practitioners Board. Many newly registered agents operated in the profession before they were required to register.

Registered tax agents lodge around 71% of income tax returns for individuals and more than 95% of business tax returns. Many agents also act as approved auditors of self-managed superannuation funds.

Some tax practitioners are not required to register with the Tax Practitioners Board. These include legal practitioners providing tax advice to people or acting on their behalf, superannuation fund auditors, and bookkeepers providing accounting or other services as employees within businesses and organisations.

Sections within Tax practitioners

• Understanding registered agents
• Lodgment program performance
• Small business benchmarks
• Encouraging compliance
• Superannuation intermediaries