Accounting Industry Urged to Oppose New Tax Practitioner Obligations

ChangeGPS founders Timothy Munro and David Boyar are leading the charge against new tax practitioner obligations set to take effect on August 1. The duo is urging the accounting industry to unite in opposition to the new rules, which they deem unfair and unworkable.

In a recent webinar attended by 4,000 viewers, Munro and Boyar launched a petition calling for urgent action to appeal the new obligations. They emphasized the importance of standing together as a profession to fight against the legislation, which they believe will not effectively deter unlawful behavior.

The pair criticized the lack of clarity and policy rationale behind the new code requirements, which have caused confusion and uproar within the accounting sector. They called on accounting bodies such as CPA and CA ANZ to do more in opposing the legislation and supporting accountants in the fight against the new rules.

Munro and Boyar provided detailed explanations of the new code requirements during the webinar, offering advice on how practicing agents can ensure compliance. They stressed the need for unity and strong opposition to the legislation, urging all accountants to support each other in the fight against the new tax practitioner obligations.

The ChangeGPS founders highlighted the importance of signing the petition and coming together as a profession to communicate frustration and rejection of the legislation. They emphasized the need for a collective effort to appeal the new law and ensure that the interests of tax practitioners are protected.