​As registered BAS Agents under the Code of Professional Conduct we undertake to act with: 

​

• Honesty and integrity

• Independence (acting lawfully)

• Confidentiality, &

• Competence

​

Breaching the Code of Conduct can result in termination of registration and incurring Civil Penalties and fines. 

​

Examples of BAS services: https://www.tpb.gov.au/bas-services

​

" Taxation services provided through our business partners IQ Tax Accountants & Business Advisors Pty Ltd "

​

There are risks involved when using unregistered tax practitioners

​

As we quote from the Tax Practitioners Board:

​

The practitioner may not be fit and proper or have the required qualifications or experience to provide you with a competent service that meets appropriate professional and ethical standards.  

 

If the practitioner fails to lodge a tax return or statement on your behalf by the required due date or makes a false or misleading statement to the ATO (for example, by lodging an incorrect return or BAS), and this results in a tax shortfall amount, the ATO may impose administrative penalties on you. 

 

Under the ‘safe harbour’ provisions administered by the ATO, you will not be liable for penalties in certain circumstances, if you engaged a registered practitioner. However you will not be entitled to any ‘safe harbour’ protection if you engaged an unregistered practitioner. For further information, refer to Safe harbour.

 

The practitioner may not have appropriate professional indemnity insurance cover to compensate you if you suffer loss due to an act, error or omission that results from a service they provide.

​

https://www.tpb.gov.au/risks-using-unregistered-preparers

​

​