Non-Qualifying Members:

Non-Qualifying Members shall be given “affiliate membership” and consist of:

• Retired Members of the Institute: and
• Any person, entity or organisation having an interest in taxation and / or accounting and wishing to further that interest by way of association with the Institute.

Admission/Membership shall be at the discretion of the Council and reviewed annually.

(By way of explanation some examples being academics/ staff of the Inland Revenue Department/ Students / Software Developers etc.)

Non-Qualifying Members shall not be practicing tax agents. Non-Qualifying Members are not required to comply with the Institutes' Continuing Education requirements and shall not have voting rights nor will they be eligible to hold a position on the Council of the Institute.

Qualifying members:

Shall consist of an unlimited number of natural persons being:

• New Zealand residents as defined by the New Zealand Income Tax Act; and
• A tax agent as defined by the Taxation Administration Act: or
• Employed by a tax agent

Qualifying members shall be subject to the Institutes' Continuing Education requirements, shall have voting rights and be entitled to stand for any position on the Council of the Institute.

Having paid the required application fee and being subsequently accepted by the Council all applicants will be admitted to the Institute as “Provisional Members".

Provisional members will have to provide proof (copies of invoices) of having achieved the required continuing education points, as set by council, for two consecutive years.

When a Provisional member meets this requirement, the member will then be able to apply to Council to be regraded to Full member status.

The selection criterion for each grade is

a. Provisional Member.

This is the entry level to the Institute for tax practitioners. Provisional members will be required to comply with the continuing education criteria as set by the Council for two years before being eligible to apply for Full membership of the Institute.

b. Full Member.

To gain full membership status, applicants must:

1. Be a financial provisional member of the Institute for a minimum of the proceeding two years and approval shall be at the discretion of Council; or

2. Hold recognised civil qualifications in accounting or business studies as currently recognised by the Council and having majored in accounting and having successfully completed a taxation unit within that course; and

3. Have a minimum 3 years experience in their own practice; or

4. Be approved by Council on the grounds of their commercial experience and qualifications.

c. Fellow

Be a financial member of the Institute: and

1. Having consistently displayed acumen, integrity and proficiency in taxation matters: and

2. Be nominated and seconded in writing by financial qualifying members, notice of such nominations being forwarded to all qualifying members of the Institute; and

3. Be elected by a majority vote of members present at the Annual General Meeting at which the matter is discussed.

Application Fee

(50% discount if employed by a Qualified member)

$80.00

Associate Member

$100.00

Membership

$375.00

Retired Member

$100.00

The Institute has many advantages to offer members such as an excellent professional liability insurance scheme available at reasonable premiums and with the appointment of an Executive Director further benefits are being negotiated.

Please contact Tinz if you require further information or details.

• Counselling
• Information source enquires
• A forum to meet your peers
• Access to Nationally held annual Conferences and Periodic Regional Meetings

It is a requirement for all members to carry out a programme of continuing education on an annual basis, to retain membership of the Taxagents’ Institute of New Zealand Inc.

Continuing Education Points (CEP’s) are awarded for Unstructured and Structured Education, attendance at Regional Meetings of the Institute and the Annual Conference.

To comply with current membership requirements, 60 CEP points are currently required per calendar year per member and members are required to complete a Certificate of Compliance Form and return to the Institute’s National Office by 31 January each year covering the previous year’s C. E. Programme. Random audits of certificates provided will be undertaken by council.

Where a member does not qualify, the certificate should be completed with a brief reason as to non- compliance. NIL returns are required. Council retains the power to exempt a member who, through extreme circumstances, can not obtain all the points required.

New members of the Institute are admitted to membership provisionally for a period of two years and are required to substantiate compliance with CE points during that period. Council shall appoint a member or members to conduct reviews prior to the end of provisional membership periods.

We have been able to negotiate a very reasonable rate of PL insurance. Although not compulsory, you should consider this insurance especially with the advent of the IR Penalties regime. The Institute receives a small percentage commission for each policy.

For an obligation free quote contact - Crombie Lockwood & O'Shea Ltd - Telephone 04 802 0040 or email wellington@crombie.co.nz

Membership Application

If you are interested in becoming a member of TINZ you can download the Membership Application Forms by clicking on the link below: