iscoverThe Tax Practitioners Board has unveiled its 2024–25 annual report, which highlights a honed focus on strengthening its integrity, enhancing practitioner standards and improving regulatory efficiency.
TPB releases 2024–25 annual report
11 November 2025
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9 minute read
The Tax Practitioners Board (TPB) has published its annual report for 2024–25 with a further outline of its ongoing commitment to engaging with tax practitioners and the broader community.
The report revealed a strong focus on upholding professional standards and addressing tax adviser misconduct, as well as the steps the TPB takes in streamlining registration processes and delivering targeted support and guidance to practitioners.
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Peter de Cure, TPB chair, said the report shared key activities over the past year, which “importantly included” working closely with the tax profession and other key stakeholders to support the implementation of reforms.
“This report demonstrates our commitment and innovative approach to supporting the Australian community by maintaining a strong and effective tax and regulatory system that is fit for purpose and a tax profession with strong integrity and professionalism,” he said.
“This year, we continued to strengthen integrity through the implementation of government reform priorities. Our work included shaping and implementing reforms driven by the 2019 review into the TPB and the Tax Agent Services Act 2009, responding to the PwC tax leaks scandal, and parliamentary recommendations.”
De Cure shared key highlights from the report, which included the reduction of red tape and improving tax practitioner services, supporting the public by assisting 3,500 clients to reset their tax affairs following sanctions against their tax adviser, and identifying environmental changes from over 13,000 complaints and referrals – helping the TPB shape its strategies and risk management.
The TPB had also promoted professional development with guidance products and webinars, supported government priorities and reforms to improve the tax regulatory system, and stopped scam tax advisers without registration who exploited vulnerable clients.
According to de Cure, the TPB also supported the introduction of eight new code obligations under the Code of Professional Conduct Determination 2024, which had been strengthened by a comprehensive suite of guidance and education products tailored to the needs of tax practitioners.
“These measures continue to address misconduct and build community confidence in the integrity of the tax profession and tax system and introduce enhanced whistleblower protections, extended investigation periods and improved transparency via our public register,” he said.
“Most Australians and businesses rely on tax practitioners to navigate the tax and superannuation systems, and the majority of these professionals act ethically and responsibly, recognising their trusted role in the community.”
“While most tax practitioners uphold high standards, misconduct by a small number can significantly undermine tax compliance and public trust.”
Internally, the report revealed the TPB had launched its People and Culture Strategy 2025–2028 in a move to reinforce its commitment to a safe, resilient, and high-performing workforce.
De Cure noted the regulator would continue to support tax practitioners and the public, deliver a fair and proportionate risk-based compliance program, enhance its capabilities through leadership, resources, governance and stakeholder engagement, as well as shape the system to address misconduct and align with government priorities.
Looking to the future, the TPB remains committed to building on successes and exploring new avenues to enhance growth, productivity and innovation, de Cure said.
“We remain focused on supporting the Government’s reform agenda by reducing red tape, eliminating duplication of work across agencies, and streamlining regulation.”
“Through continuous enhancement of our regulatory framework, we foster trust in the tax profession.”
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