Date posted: 30/01/2024
Joint bodies submission on proposed Tax Practitioners Board’s sanctions regime
Sanctions must be proportionate to the wrongdoing, take account of agent’s circumstances, and include a fair process.
The joint submission comments on the following proposals for an enhanced sanctions regime:
- criminal penalties for parties who operate without being registered by the TPB
- broader and increased civil penalties
- an infringement notice scheme attached to the civil penalty regime
- a new power to allow the TPB to enter into enforceable voluntary undertakings, and
- a new power to allow the TPB to impose interim and contingent suspensions.
Related download
Treasury consultation
Response to PwC: Enhancing the Tax Practitioners Board’s sanctions regime
View the consultation
