Date posted: 20/06/2019 2 min read

Comments on Tax Practitioners Board Letters of Engagement draft practice note

Comments submitted by CA ANZ to the TPB on the use of engagement letters by tax practitioners.

TPB (PN) D40/2019 Letters of engagement provides practical guidance and assistance to registered tax practitioners in relation to the use of letters of engagement. It is intended that once finalised, the practice note will replace the current information sheet TPB(I)02/2011 Letters of engagement.

CA ANZ submitted comments on 10 June 2019 to the CEO of the TPB in relation to the guidance. Key areas we commented on:

  • Role of engagement letters and the implications for not having one
  • The requirement to issue an engagement letter annually
  • Inclusion of dispute resolution content
  • Clarification of language used to describe the contractual relationship between the practitioner and client.

Exposure Draft

TPB(PN) D40/2019 Letters of engagement

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