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Membership

NTAA Fellowship requirements align with the TPB CPD requirements.

The table below outlines the CPD hours required by the TPB:

120 hours CPD over 3 year registration
At least 78 hours - Structured All NTAA seminars are classed as structured professional development for all accounting associations.	Maximum 30 hours – Unstructured (Technical or Professional Reading) Reading NTAA’s Voice magazine, seminar notes, etc., are considered unstructured hours.	Maximum 12 hours – Unstructured (Health and Wellbeing Activities)
A minimum of 20 hours must be completed each year.

120 hours CPD over 3 year registration

At least 78 hours - Structured

All NTAA seminars are classed as
structured professional development for
all accounting associations.

Maximum 30 hours – Unstructured
(Technical or Professional Reading)

Reading NTAA’s Voice magazine,
seminar notes, etc., are considered
unstructured hours.

Maximum 12 hours – Unstructured
(Health and Wellbeing Activities)

All NTAA Fellows are required to have PI insurance with coverage that meets the requirements of the Tax Practitioners Board (TPB).

You can find all the details on the TPB’s requirements by clicking here.

Looking for the right PI insurance? Head over to NTAA’s Insurance Solutions at nis.ntaa.com.au for more info.

Below is a breakdown of the PI insurance required by the TPB:

Tier	Turnover (excluding GST)	Minimum aggregate amount of cover* (inclusive of legal and defence costs)
1	Up to $75,000	$250,000
2	$75,001 - $500,000	$500,000
3	Over $500,000	$1,000,000

*Please note that what is an appropriate amount of cover for you may in fact be more than what is set as the minimum requirement.