SMSF Association Submission – TPB Information Sheet Obligation to keep proper client records of tax agent services provided

The SMSF Association welcomes the opportunity to provide this submission in response to exposure draft TPB Information sheet TPB(I) D59/2024 Obligation to keep proper client records of tax agent services provided (D59/2024 ED).

The SMSF Association supports the obligation on record-keeping requirements for registered tax practitioners, as we believe that it will promote consistency and certainty of practices across the sector, including what records they need to keep and for how long.