Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

TPB sets first-of-its-kind guidance

With the rise of cloud computing technology in the accounting space, the Tax Practitioners Board (TPB) has released guidelines to help registered tax practitioners better understand their legal obligations when using cloud software.

Technology Stephanie Deller 31 January 2017
— 1 minute read

The cloud computing practice note Cloud computing and the Code of Professional Conduct outlines relevant factors for tax practitioners to consider when entering into cloud arrangements, as well as the consequences of having inadequate cloud arrangements. It also provides a useful listing of further reference information.


The chair of the TPB, Ian Taylor, said the practice note took into consideration the feedback received on an exposure draft released for stakeholder comment in October 2016.

“We are pleased to release the practice note to assist tax practitioners in understanding relevant obligations when operating in a cloud environment,” Mr Taylor said.

“The practice note provides practical assistance to tax practitioners, raising awareness of relevant considerations when entering into cloud arrangements and outlining where to find further information.”

Mr Taylor says further practice notes on other matters may be developed in the future “as part of the TPB’s commitment to providing practical assistance to tax practitioners in understanding their obligations”.

TPB sets first-of-its-kind guidance
image intro
accountantsdaily logo


Are you thinking of expanding your offering into SMSFs to grow your client base? Become a pro at SMSF fundamentals and make your clients bulletproof with the SMSF Foundations course. Learn directly from Aaron Dunn from Smarter SMSF as he deep-dives into the fundamentals you need to know to successfully undertake your work as an SMSF practitioner. Earn up to 21 CPD hours! Learn more