Tax agent cautioned for outstanding personal tax obligations

Our compliance focus on tax practitioners with significant outstanding personal tax obligations identified a company tax agent with high income tax and business activity statement debts.  The tax… read more

Failure to conduct due diligence when using third party referrals

A tax agent admitted to the Board that his practice failed in some key aspects of practice management when he relied upon third party information for preparing and lodging tax returns, including… read more

High-risk tax agent terminated with a 5-year ban

Following a referral from the Australian Taxation Office (ATO), we investigated the conduct of a registered tax agent alleged to be facilitating the black economy by systemically undeclaring income… read more

Tax agent loses registration due to serious misconduct

Following a referral from the Australian Taxation Office (ATO), the Board Conduct Committee (BCC) investigated the conduct of a registered tax agent. The referral included serious allegations that… read more

Incompetence and lack of reasonable care result in termination

In preparing income tax returns for its clients, a registered company tax agent was found to have failed to provide competent services and take reasonable care. A summary of failures found is… read more

Suspension for failing to take reasonable care

A tax agent had failed to ensure the information included in several tax returns he lodged on behalf of taxpayers were accurate and legitimate. He also failed to ensure the tax returns were sent to… read more

A partnership tax agent misuses clients’ funds

The Board Conduct Committee (BCC) determined that a partnership tax agent had committed various Code of Professional Conduct (Code) breaches. A summary of Code breaches is provided below. Code… read more

Tax agent faces suspension for not completing CPE

An investigation into the conduct of a registered tax (financial) adviser showed that they had failed to meet their personal tax obligations as required under the Code of Professional Conduct (Code… read more

Dishonest acts result in registration termination

Investigations into a registered tax agent’s conduct revealed dishonest acts towards the Australian Securities and Investments Commission (ASIC), which included: backdating of advice documents of… read more

Tax agent found no longer fit and proper to be registered

The Board Conduct Committee (BCC) terminated the registration of a tax agent following findings of several Code of Professional Conduct (Code) breaches. The BCC found that the agent had ceased to… read more

BAS agent no longer a fit and proper person

The Board Conduct Committee (BCC) investigated a BAS agent and found they had breached multiple items of the Code of Professional Conduct (Code) when they failed to: act honestly and with integrity… read more

Tax agent lodging false BAS

The Board Conduct Committee (BCC) investigated a registered tax agent for alleged breaches of the Code of Professional Conduct (Code). It was found that the agent had breached two Code items: Code… read more

Tax agent terminated for serious Code breaches

A Board Conduct Committee investigation into the behaviour of a registered tax agent found they had breached multiple items of the Code of Professional Conduct (Code).  The agent did not act honestly… read more

Audit leads to TPB investigation

An investigation was conducted into the behaviour of registered tax agent after it was found they had overdue tax obligations. The tax agent failed to comply with the Code of Professional Conduct (… read more

Serious misconduct of a tax agent results in termination

A registered tax agent breached the Code of Professional Conduct when they failed to act honestly and with integrity by: making false statements to the Board in registration renewal applications… read more

BAS agent banned for five years

A BAS agent had their registration terminated with a five-year ban on reapplying following an investigation by the Board Conduct Committee (BCC). The investigation found the BAS agent had breached… read more

Tax mischief leads to termination and five-year ban

A tax agent’s registration was terminated with a five-year non-application period when it was found they no longer met the fit and proper person requirements.   It was alleged the tax agent had… read more

Registration terminated after multiple Code breaches found

The Board Conduct Committee (BCC) considered the case of a tax agent who was alleged to have fraudulently obtained ATO refunds by lodging returns for people who were not clients of their tax practice… read more

Tax agent found to have $1.6 million in tax liabilities

The Board Conduct Committee (BCC) investigated the conduct of a registered tax agent who allegedly lodged fraudulent BAS and failed to pay outstanding tax liabilities amounting to $1.6 million. The… read more

Failure to take reasonable care

A tax agent company was investigated by the Board for suspected breaches of the Code of Professional Conduct (Code). The Australian Taxation Office (ATO) referred the case to the Board after… read more