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UNREGISTERED BAS PROVIDER ADVERTISEMENTS TAKEN DOWN

Thursday, 29 June 2017

The Tax Practitioners Board (TPB) says its crackdown on unregistered BAS providers has resulted in 246 advertisements being taken down and a number of unregistered providers becoming registered.

The TPB said, “Through our intervention, 246 advertisements have now been removed or amended to ensure they meet the requirements of the TASA. A number of previously non-compliant entities have now become registered with the TPB.

“The removal of the advertisements has helped promote a level playing field for those that do the right thing and has provided a platform for the TPB to take compliance action against entities that continue to advertise or provide services in breach of the TASA.”

The Board said its unregistered service provider project promoted the importance of complying with the registration requirements under the Tax Agent Services Act 2009 (TASA) while creating a level playing field for all registered practitioners who do comply.

“With strong support from the professional associations, in particular, the BAS agent associations, in April 2016, we commenced a project which identified almost 3,000 online advertisements of BAS services which warranted detailed analysis. Over 400 of these advertisements were recognised as requiring further scrutiny as they appeared to be advertising BAS services provided by an entity not registered with the Tax Practitioners Board (TPB).”

It said “There is an ongoing risk of unregistered service providers and we welcome referrals of complaints and evidence of such behaviour.

“Depending on the level of risk, our approach to non-compliance ranges from educating unregistered providers to modify their behaviour, while more serious high-risk matters may be taken to the Federal Court. The Court may impose injunctions or pecuniary penalties.

 

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TPB: Taking action against unregistered service providers

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