Accounting Industry Urged to Rally Against New Tax Practitioner Obligations

Accounting industry leaders Timothy Munro and David Boyar are calling on professionals to unite against new tax practitioner obligations set to take effect on August 1st. The duo, from ChangeGPS, have launched a petition urging the industry to oppose the “unfair and unworkable rules” introduced by Assistant Treasurer Stephen Jones. In a recent webinar, they emphasized the importance of standing together and being vocal in their opposition to the new obligations. With over 4,000 viewers in attendance, Munro and Boyar highlighted the need for a unified front to challenge the legislation, which they believe will not effectively target unlawful behavior. The webinar also provided insights into the new code requirements and offered strategies for compliance. Despite efforts by accounting bodies like CPA and CA ANZ to fight the legislation, Munro and Boyar are pushing for stronger opposition and clearer communication. They are urging professionals to sign the petition and support each other in the fight against the new tax code changes.