Huh?
Well, two tax agents have recently had their tax agent registrations cancelled by the Tax Practitioners Board (TPB) - for making claims that showed " intentional disregard to taxation laws and advice by the ATO and repeatedly making claims for {his} clients without substantiation or merit ". The TPB provided several examples of dodgy claims - including claiming family pets as guard dogs (which is something we get asked about quite regularly - and which we always knock back). To see the full article which was recently published in Accountants Daily , click here. The TPB was clear that " Tax practitioners must undertake their role truthfully, accurately and competently to uphold the integrity of the profession and what is ultimately best for taxpayers and the overall integrity of the tax and super systems ". As we've highlighted recently, the ATO is actively reviewing and auditing tax returns - and they are using resources such as social media platforms, rental property platforms, ride sharing platforms and gig sharing sites - so if we recommend not proceeding with a claim and/or we seek substantiation, it's for everyone's protection and integrity.
