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Understanding your tax obligations and what to expect from your tax practitioner can make tax time less stressful. Here’s a brief overview to help you stay on track.

Your Responsibilities

As a taxpayer, you need to:

• Be Honest: Always provide accurate information.
• Keep Records: Maintain and share necessary documents promptly.
• Follow Tax Laws: Comply with all regulations and cooperate with your tax practitioner.

What to Expect from Your Tax Practitioner

Your tax practitioner should:

• Advise You: Inform you about your rights and obligations.
• Act with Integrity: Handle your tax matters honestly and in your best interests.
• Maintain Confidentiality: Keep your information private unless legally required to disclose.
• Provide Competent Service: Ensure your tax matters are accurate and professionally managed.

Consequences of Non-Compliance

If you don’t meet your obligations, the ATO may impose penalties, interest charges, or initiate debt recovery. If your tax practitioner fails to meet their obligations, they could face suspension, fines, or other sanctions.

Stay Informed

Check the TPB public register to find registered tax practitioners and learn about any serious sanctions.

For more details, visit tpb.gov.au and ato.gov.au.

This guide aims to simplify your understanding of tax obligations and the role of your tax practitioner. Stay informed and proactive to ensure a smooth tax experience!