Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and Other Measures) Bill 2026

Summary

This amendment strengthens the rules around tax advisers who behave badly, making it easier for tax authorities to hold them accountable. It changes the Treasury Laws to give regulators tougher powers to discipline tax professionals who give incorrect advice, fail to meet their obligations, or engage in misconduct — including potential bans from the profession. The change matters because tax advisers handle sensitive financial decisions for individuals and businesses; stronger oversight helps protect people from bad advice, fraud, or negligence while also making sure the tax system works fairly for everyone.