While the goal of tightening regulation in the tax practitioner space is to ultimately increase the quality of the profession, the burden can sometimes be difficult and even unnecessary for certain practitioners to commit to.

On this episode of Accountants Daily Insider, host Jotham Lian is joined by the general manager of external affairs at CPA Australia, Paul Drum, to share his opinion on the TPB's proposal of significantly increasing CPE requirements for all tax practitioners.

Paul also details CPA's pre-budget submission relating to reducing the regulatory burden faced by accountants, outlines other short-term recommendations intended to stimulate the economy, and explains how the voucher proposal for small businesses to engage a professional adviser came about.