Fellowship is the NTAA's Practising Certificate

Fellowship

For only $264 per year, NTAA members may also apply for Fellowship and receive a Practising Certificate which enables them to practice as an "NTAA Tax Practitioner".  The Fellowship is an annual subscription which is in addition to the membership subscription.

Briefly, to be qualified to become a Fellow, members will need:

• a valid and current practising certificate from CPA Australia, the ICAA or the IPA; or
• at least three years full time experience as a practitioner; and
• to hold a recognised degree with an accounting major.

The benefits of becoming an NTAA Fellow

Holders of Practising Certificates can use the name "NTAA Tax Practitioner" on signage, letterhead, business cards and the like.  Fellows may also use the post nominals NTAAF.

Fellows may audit self-managed superannuation funds for the purposes of the SIS Act subject to meeting certain requirements (Competency Standards for Fellows of the NTAA auditing SMSFs).

New National Tax Agents' Association (NTAA+)

Fellows may also apply, for no extra fee, for stapled fellowship of National Tax Agents' Association (NTAA+) where they are eligible, and are encouraged to do so.  Please see below an extract from our October 2011 Edition of Voice for more information:

Quite some time ago, the NTAA set up a new entity, akin to a wholly-owned subsidiary, named the National Tax Agents' Association Ltd which is a brand new association exclusively devoted to looking after the interests of registered tax agents.

This body, which we have dubbed NTAA+, has now received accreditation from the Tax Practitioners' Board (TPB) as a Recognised Tax Agent Association or RTAA.

Editor:  Many members may have wondered why the NTAA did not seek recognition as an RTAA earlier.  We simply needed to go through a particular process to get it right for current members of the NTAA and prospective members/Fellows of NTAA+.

Fundamentally, the NTAA itself could not seek registration as an RTAA due to the existing composition of its membership base (e.g., both tax agents and non tax agents).

As a consequence, the Board of the NTAA established a separate association whose only members would be 'Fellows' of the NTAA (i.e., broadly-speaking, tax agents) and who would be offered a complimentary 'stapled' membership of the new NTAA+.

In this way, there would be no diminution in the rights of current members of the NTAA (which would otherwise have been required) and, where we find it necessary, we will be able to concentrate purely on tax agent and related issues for the new members/Fellows of NTAA+.

The TPB has now posted on its website that the National Tax Agents' Association Ltd (NTAA+) is an accredited RTAA from 1 July 2011.

This means that the professional qualifications and experience of Fellows of NTAA+ are recognised for tax agent registration purposes.

Fellows are accredited to witness the signing of certain declarations and reports.  Please contact us for more information.

To save Fellows unnecessary paperwork, we maintain a register of the number of hours Fellows spend attending NTAA seminars. Details are available on request.

Will we become like the other tax bodies? No!

Holders of practising certificates find that:

• we only do TAX!  The NTAA is purely focussed on issues that affect wage earners and family businesses in tax, FBT, GST and Superannuation. 
• the NTAA does not want to intrude into your practice or dictate the way in which you run your business, nor will we put excessive requirements on your trust funds;
• nor does the NTAA want to charge you excessively for the Practising Certificate.

If you would like to download an application form, please click the link below.

Fellowship Application