Financial Sector Reform Amendment (Hayne Royal Commission Response - Better Advice) Regulations 2021 (F2021L01854)

Schedule 1   Amendments

Tax Agent Services Regulations 2009

20   Subregulation 9(1)

Repeal the subregulation, substitute:

(1) For the purposes of paragraph 20-20(2)(b) of the Act, the fee for an application of a kind referred to in column 1 of an item of the following table is the fee set out in column 2 of that item.

Processing fees

   

Item

Column 1

Kind of application

Column 2

Fee

1

Application for registration as a tax agent that relies on a requirement in any of items 201 to 210 of Schedule 2

$704 (subject to indexation under subregulation (2))

2

Application for registration as a tax agent that relies on the requirement in item 211 of Schedule 2

Nil

3

Application for registration as a BAS agent

$141 (subject to indexation under subregulation (2))