<strong>Period of Effect:</strong> 12/12/2023 to 12/12/2028<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> 12/12/2023<br/><strong>Reason:</strong> 40-5(1)(b) individual no longer meets registration requirements[POPUP_FOR_DETAILS]<br/><strong>Code breach(es):</strong> <ul><li>30-10(1) - You must act honestly and with integrity</li><li>30-10(3) - If you receive money or other property from or on behalf of a client, and you hold the money or other property on trust, you must account to your client for the money or other property</li><li>30-10(4) - You must act lawfully in the best interests of your client</li><li>30-10(11) - You must not knowingly obstruct the proper administration of the taxation laws</li><li>30-10(14) - You must respond to requests and directions from the Board in a timely, responsible and reasonable manner</li></ul><br/><strong>Registration requirement not met:</strong> <ul><li>20-5(1)(a) Individual has ceased to meet registration requirement that they are a fit and proper person</li></ul><br/><strong>Explanation:</strong> BCC Agenda item 7/24102023 – Stefanie Deeath (terminate, 5 year exclusion period)<br>On 24 October 2023, after completing an investigation, the Tax Practitioners Board (TPB) terminated the BAS agent registration of Ms Stefanie Deeath. The TPB found that Ms Deeath breached subsections 30-10(1), 30-10(3), 30-10(4), 30-10(11) and 30-10(14) of the Code of Professional Conduct (the Code). The TPB also determined she was no longer eligible for registration as she no longer satisfied the TPB that she met the registration requirements that she was a fit and proper person. The Board also imposed a period of five years during which she may not apply for registration.<br>The TPB found that she breached the Code when she:<br>1. failed to act honestly and with integrity, by:<br>a. lodging original and amended monthly Business Activity Statements (BAS) for the period 1 January 2022 to 30 June 2022 in circumstances where her client did not have knowledge of, or provide authorisation for, their preparation or lodgement<br>b. making false or misleading statements to the Commissioner of Taxation when she lodged the above BAS with the Australian Taxation Office (ATO) that she knew, or ought to have known, contained information that was false<br>c. misappropriating refunds from the above BAS into a bank account controlled by, and in the name of Ms Deeath.<br>2. failed to account and pass onto her client the monies received from the ATO in respect of the unauthorised BAS lodgements.<br>3. failed to act lawfully in the best interests of her client by lodging the above BAS without her client’s authorisation that resulted in<br>a. the ATO issuing refunds<br>b. her client being indebted to the ATO in respect of Integrated Client Account liabilities and associated general interest charge.<br>4. knowingly obstructed the proper administration of the taxation laws by providing false and misleading information to the Board.<br>5. failed to respond to requests from the TPB in a timely, responsible and reasonable manner.<br>The TPB also determined Ms Deeath had ceased to meet the registration requirement that she is a fit and proper person based on her breaches of the Code.<br>Accordingly, the TPB decided to terminate Ms Deeath’s BAS registration in accordance with subparagraph 60-125(2)(b)(ii) and paragraph 40-5(1)(b) of the TASA.<br>Taking into consideration the seriousness of Ms Deeath’s conduct the TPB also determined in accordance with subsection 40-25(1) of the TASA that Ms Deeath be prohibited from re-applying for registration under the TASA for a period of five years from the date the termination of her registration takes effect. <br>