The Tax Practitioners Board has announced that the Federal Court has ordered an unregistered New South Wales tax agent to pay a $64,000 penalty for breaches of the Tax Agent Services Act 2009. The Court found the man had been preparing income tax returns and requests for amendments to prior year returns for taxpayers when he was not a registered tax agent. The Court also ordered that the man, for a period of three years, must advise people that he is not a registered tax agent and cannot charge a fee for his work prior to providing tax agent services.
