Tax Return Preparer eligibility updated: education, age, application fee, enrolment deposit and staged disbursement rules clarified. Amendments limit eligibility to individuals with a bachelor's degree or specified professional intermediate qualifications (including final-year candidates), prescribe age limits and require an application fee for validity. Enrolment now requires passing the qualifying test for each training centre, producing proof of qualification and payment of a non refundable deposit. The Board may authorise Resource Centres or Partner Organisations to disburse specified proportions of tax paid on income declared in returns prepared by the enrollee, subject to per-year ceiling amounts for successive eligible assessment years.
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Amendments limit eligibility to individuals with a bachelor's degree or specified professional intermediate qualifications (including final-year candidates), prescribe age limits and require an application fee for validity. Enrolment now requires passing the qualifying test for each training centre, producing proof of qualification and payment of a non refundable deposit. The Board may authorise Resource Centres or Partner Organisations to disburse specified proportions of tax paid on income declared in returns prepared by the enrollee, subject to per-year ceiling amounts for successive eligible assessment years.
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