The Board Conduct Committee (BCC) investigated a BAS agent and found they had breached multiple items of the Code of Professional Conduct (Code) when they failed to:

• act honestly and with integrity by falsifying:

  • suppliers’ records (invoices)

  • their personal bank statements 

• lodge an income tax return and quarterly activity statements by their respective due dates and pay a tax liability to the Australian Taxation Office

• advise the Board they had become an undischarged bankrupt.

Based on the Code breaches found the BCC terminated the BAS agent registration as the agent was no longer a fit and proper person. The agent is also prohibited from reapplying for registration for a period of five years.