Unit 105, 30-40 HARCOURT PDE ROSEBERY New South Wales 2018
Other records
Expiry date
01/06/2023
Condition
Sanctions
None on record
Appeal
Board decision
CXL Reason
Disqualification
<strong>Period of Effect:</strong> 03/11/2023 to 02/11/2025<br/><strong>Reason:</strong> 40-25 Period during which you may not apply for registration
Suspension
None on record
Termination
<strong>Date of Effect:</strong> 03/11/2023<br/><strong>Reason:</strong> 40-15(1)(b) company no longer meets registration requirements[POPUP_FOR_DETAILS]<br/><strong>Code breach(es):</strong> <ul><li>30-10(7) - You must ensure that a tax agent service that you provide, or that is provided on your behalf, is provided competently</li><li>30-10(11) - You must not knowingly obstruct the proper administration of the taxation laws</li><li>20-5 Eligibility for Registration</li></ul><br/><strong>Explanation:</strong> On 7 September 2023, after completing an investigation, the Tax Practitioners Board (TPB) decided to terminate the tax agent registration of L&N Taxation and Business Services Pty Ltd.<br>The TPB found that L&N Taxation and Business Services Pty Ltd (the Company) had engaged in conduct which breached subsections 30-10(7) and 30-10(11) of the Code of Professional Conduct (the Code) in the Tax Agent Services Act 2009 (TASA).<br>The TPB found that the Company:<br>1. Breached subsection 30 10(7) of the Code, by:<br>a. allowing Mr Najey Bteddini to access ATO taxpayer records on behalf of the company prior to the commencement of his employment.<br>b. allowing Mr Najey Bteddini to deposit ATO taxpayer refunds of the Company’s clients into a bank account held solely by Mr Najey Bteddini.<br>c. allowing ATO taxpayer refunds of the Company’s clients to be deposited into a bank account held jointly by Mr Bahar and Mr Bteddini.<br><br>2. Breached subsection 30 10(11) of the Code by employing terminated tax agent Mr Najey Bteddini on 1 July 2020, to provide tax agent services on behalf of the Company, while knowing that Mr Bteddini’s tax agent registration had been terminated by the TPB effective from 1 April 2020.<br><br>The TPB determined it was satisfied that the Company’s sole director Mr Bahar had ceased to meet the tax practitioner registration requirement that he was a fit and proper person under paragraph 20-5(1)(a) of the TASA.<br><br>Taking into account the seriousness of the Company’ breaches of the Code over an extended period of time, and the actions of its sole director, the TPB decided to terminate the Company’ tax agent registration and prohibit it from applying for registration for a period of five years from the date when the termination of his registration takes effect.<br><br>