Posted May 24, 2022

Posted By Meghann Cannon

Better Advice FAQs. Pt. 2

Prepared by Kate LeGallez

Do we need to change the wording in our SOAs where it refers to ‘tax (financial) advisers’? 

Some advice template documents include a disclaimer that refers to registration with the Tax Practitioners Board. Unless you’re a tax agent, this is no longer correct. 

Our advice: We suggest deleting any reference to TPB registration and replacing it with a disclaimer that the adviser/firm is authorised to provide tax (financial) advice. 

We expect once ASIC’s stage 1 QTRP registration is up and running that we’ll suggest amending this disclaimer again, but we’ll advise you once we have more details. 


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