TASA Code Determinations from 1 August 2024
Tax practitioner code reformed via Code Determinations — false + misleading statements + supervision + breach reporting.
Who must comply
All registered tax + BAS agents.
What triggers it
Continuous obligations + breach events.
When due
Ongoing; significant breach notifications within 30 days.
Evidence required
Internal compliance framework + breach register + supervision arrangements.
Max penalty
—
Effective from
1 August 2024
Summary
Tax Agent Services (Code of Professional Conduct) Determination 2024 commenced 1 August 2024. Strengthened obligations re: confidentiality, false + misleading statements, supervision + arrangements, breach reporting to TPB.
Enforced by
Source legislation
Topics
Related obligations
- CWLTHComply with the TASA Code of Professional ConductTax practitioners must observe honesty, competence, confidentiality, PI insurance, and (from 2025) expanded breach reporting.
- CWLTHAustralian Business Number (ABN) applicationEntities carrying on an enterprise in Australia need an ABN — without one, payers must withhold 47% PAYG from your payments. How to apply and who's eligible.
- CWLTHLodge Business Activity Statements at assigned frequencyGST-registered entities must lodge a BAS monthly, quarterly or annually as the ATO assigns.
- CWLTHMake trustee resolutions for trust distributions by 30 JuneDiscretionary trust trustees must validly resolve to distribute trust income before the end of the FY.
- CWLTHWithhold PAYG from employee and contractor paymentsEmployers must withhold tax from wages, certain contractor payments + report via STP / BAS.
- CWLTHPay company PAYG/GST/SG or face Director Penalty Notice (DPN)Directors personally liable for unpaid company PAYG, GST + SG via DPN regime.
Frequently asked questions
- Who must comply with TASA Code Determinations from 1 August 2024?
- All registered tax + BAS agents.
- What triggers TASA Code Determinations from 1 August 2024?
- Continuous obligations + breach events.
- When is TASA Code Determinations from 1 August 2024 due?
- Ongoing; significant breach notifications within 30 days.
- What evidence is required for TASA Code Determinations from 1 August 2024?
- Internal compliance framework + breach register + supervision arrangements.
Source: https://www.tpb.gov.au/news/code-of-professional-conduct-determination. Rules Mate is not a law firm. Always verify against the live regulator source before acting.