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A tax agent who failed to lodge up to 47 business activity statements by their due dates has had his registration terminated by the Tax Practitioners Board.
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TPB cancels agent’s registration after 47 BAS lodgement failures
20 September 2019
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The tax agent, who has not been named by the TPB, had failed to declare in their annual declarations and registration renewal that they had a criminal conviction for several taxation offences from 2014.
The agent’s failure to comply with personal tax obligations included failing to lodge income tax returns by due dates for four financial years, failing to lodge 47 BAS by their respective due dates, and failing to comply with notices to lodge the outstanding returns, resulting in a conviction and court order.
According to the TPB, the tax agent had also failed to account to clients for money received on trust in a timely manner.
In addition, the tax agent did not comply with an order imposed by the TPB to attend a course of education, nor did they give full and complete answers to the board in regard to allegations made against them.
Taking into account the number and seriousness of the code breaches, the Board Conduct Committee decided to terminate the tax agent’s registration.
The committee also prohibited them from reapplying for registration under the Tax Agent Services Act 2009 for a period of three years.
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