Termination of Tax (financial) Adviser registrations - April 2020

Administered by Department of the Treasury

Legislation au C2020G00956 In force Gazette

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Termination of Tax (financial) adviser registration

The Tax Practitioners Board has terminated the registration of the following tax agent(s) under subdivision 40-A of the Tax Agent Services Act 2009 (TASA):

Name of Tax (financial) adviser:	Termination effective from:	Reason for termination:
Aileen Janet Oliver	21/04/2020	Surrender
AK Financial Planning Services Pty Ltd	21/04/2020	Surrender
Alex Rene Leclerc	21/04/2020	No longer meets registration requirements
Alison Margot Foxford	21/04/2020	Surrender
Andrew Liu	21/04/2020	Surrender
Angela Mary Purificato	21/04/2020	No longer meets registration requirements
Anna-Maree Mcintosh	21/04/2020	No longer meets registration requirements
Antony Peter Connell	21/04/2020	No longer meets registration requirements
Anwar Hassan	21/04/2020	No longer meets registration requirements
Aureus Lifetime Wealth Pty Ltd	21/04/2020	Surrender
Averylle Rocio Zelko	21/04/2020	Surrender
Bartholomew Thomas Healy	21/04/2020	No longer meets registration requirements
Benjamin Roger Salisbury	21/04/2020	No longer meets registration requirements
Callum Joseph Glasby	21/04/2020	No longer meets registration requirements
Carissa Lea Greenhill	21/04/2020	Surrender
Catherine Anne Robson	21/04/2020	Surrender
Christopher John King	21/04/2020	No longer meets registration requirements
Christopher Thomas Momsen	21/04/2020	Surrender
Claire Masiello	21/04/2020	Surrender
Clare Mcinerney	21/04/2020	Surrender
Compass Group Financial Services Pty Ltd	21/04/2020	Surrender
Crewville Pty. Ltd.	21/04/2020	Surrender
Damien Robert Guazzo	21/04/2020	No longer meets registration requirements
Daniel Joseph Skelton	21/04/2020	No longer meets registration requirements
David Christopher Turnbull	21/04/2020	No longer meets registration requirements
David King	21/04/2020	No longer meets registration requirements
David Mark Ivanfy	21/04/2020	No longer meets registration requirements
Davis Financial Services Pty Ltd	21/04/2020	Surrender
Dean Rogan Park	21/04/2020	Surrender
Deanna Coorey	21/04/2020	Surrender
Declan Oliver Synnott	21/04/2020	No longer meets registration requirements
Dennis Jones	21/04/2020	No longer meets registration requirements
Diane Carol Emery	21/04/2020	No longer meets registration requirements
Emma Johnson	21/04/2020	Surrender
Eng Chor Khor	21/04/2020	No longer meets registration requirements
Geoffrey Peter Donegan	21/04/2020	No longer meets registration requirements
Glenn Anthony Pearce	21/04/2020	No longer meets registration requirements
Glyn Jones	21/04/2020	Surrender
Glyn Jones Financial Services Pty Ltd	21/04/2020	Surrender
GW8 Superannuation Financial Consulting Pty Ltd	21/04/2020	Surrender
Holly Kelly	21/04/2020	No longer meets registration requirements
Holly Li	21/04/2020	No longer meets registration requirements
Ian Peter Hosking	21/04/2020	Surrender
Igor Brunoli	21/04/2020	No longer meets registration requirements
Innovest Financial Services Pty Ltd	21/04/2020	Surrender
Jackson Loong	21/04/2020	No longer meets registration requirements
Jacob Mordecai Waks	21/04/2020	No longer meets registration requirements
Jamie John Ogden	21/04/2020	No longer meets registration requirements
JC Finance and Advice Pty Ltd	21/04/2020	Surrender
Jeremy Ayliffe	21/04/2020	No longer meets registration requirements
John Michael Carroll	21/04/2020	Surrender
John William Cross	21/04/2020	No longer meets registration requirements
Joseph Dominic Patrick Croke	21/04/2020	Surrender
Joshua Peter Cameron Halcomb	21/04/2020	No longer meets registration requirements
Karley Anne Mclean	21/04/2020	No longer meets registration requirements
Khayati Arora-Reid	21/04/2020	No longer meets registration requirements
KK Consulting Services Pty. Ltd.	21/04/2020	Surrender
Kristen Heather Robertson	21/04/2020	No longer meets registration requirements
Lee Anthony Jackson	21/04/2020	Surrender
Leisa Collins	21/04/2020	No longer meets registration requirements
Len Anthony Cirillo	21/04/2020	Surrender
Lisa Tsoulakis	21/04/2020	No longer meets registration requirements
Magnitude Group Pty Ltd	21/04/2020	Surrender
Manor Financial Services Pty. Ltd.	21/04/2020	Surrender
Maria Antonia Ganci	21/04/2020	Surrender
Martin Richard Yates	21/04/2020	No longer meets registration requirements
Mary Barker	21/04/2020	No longer meets registration requirements
Matthew Atkinson	21/04/2020	No longer meets registration requirements
Matthew Brown	21/04/2020	Surrender
Megan Joy Hinchliffe	21/04/2020	No longer meets registration requirements
Meng Song	21/04/2020	No longer meets registration requirements
Michael Chaffey Gower	21/04/2020	No longer meets registration requirements
Michael Francis Brown	21/04/2020	Surrender
Michael Gordon Martin	21/04/2020	No longer meets registration requirements
Michael Patrick Taylor	21/04/2020	No longer meets registration requirements
Michael Timothy O'Brien	21/04/2020	No longer meets registration requirements
Mr Glenn Anthony Brearley	21/04/2020	No longer meets registration requirements
Neil Sutera	21/04/2020	Surrender
Nga Le Ly	21/04/2020	Surrender
Nicholas Searl	21/04/2020	Surrender
Oak Advisory Pty Ltd	21/04/2020	Surrender
Paul John Sargeant	21/04/2020	Surrender
Pemo 4 Pty Ltd	21/04/2020	Surrender
Peter Jackson	04/04/2020	Deceased
Ping Huang	21/04/2020	No longer meets registration requirements
Pinky Savva	21/04/2020	No longer meets registration requirements
Preeyesh Rawal	21/04/2020	Surrender
R J & C G Investments Pty Ltd	21/04/2020	Surrender
Richard John Kerr	21/04/2020	Surrender
Robert Hutchison	21/04/2020	No longer meets registration requirements
Robert K. Green	21/04/2020	No longer meets registration requirements
Robert Switkowski	21/04/2020	Surrender
Robert Williams	21/04/2020	No longer meets registration requirements
Sarah Cohen	21/04/2020	No longer meets registration requirements
Securitor Financial Group Ltd	21/04/2020	Surrender
Simon Barwick	21/04/2020	No longer meets registration requirements
Stephen James Vautier	21/04/2020	No longer meets registration requirements
Successful Ways Financial Services Brisbane Pty Ltd	21/04/2020	Surrender
Tania Mawbey	21/04/2020	No longer meets registration requirements
Terance Michael Lioulios	21/04/2020	Surrender
Tim Kelly	21/04/2020	No longer meets registration requirements
Toby Wilson	21/04/2020	No longer meets registration requirements
Total Financial Solutions Australia Limited	21/04/2020	Surrender
Tracey Kim Byrne	21/04/2020	Surrender
Vincenzo Gagliardi	21/04/2020	No longer meets registration requirements
Warren Peter Fowler	21/04/2020	No longer meets registration requirements
William Jackson	21/04/2020	No longer meets registration requirements
William Shepherd	21/04/2020	Surrender
Xiao-Pei Yan	21/04/2020	No longer meets registration requirements

The Tax Practitioners Board has terminated the registration of the following tax agent(s) under subdivision 30-B of the Tax Agent Services Act 2009 (TASA):

Name of Tax (financial) adviser:

Termination effective from:

Reason for termination:

Expert Wealth Management Pty Ltd

14/04/2020

Failure to comply with the code of professional conduct

Yours sincerely,

Michael O’Neill

Secretary and CEO

Tax Practitioners Board

GPO Box 1620 Sydney NSW 2001

Overview

The Tax Agent Services Act 2009 (TASA) was enacted to regulate the provision of tax (financial) advice by ensuring that tax (financial) advisers meet certain standards of competence and conduct. The Act was introduced to address the problem of inadequate regulation in the tax (financial) advice sector, which could potentially harm consumers. The objective of the Act is to protect consumers by ensuring that tax (financial) advisers are competent, act with integrity, and comply with professional standards. The Act is administered by the Tax Practitioners Board, which has the power to terminate the registration of tax (financial) advisers who no longer meet the registration requirements or have breached the code of professional conduct. The policy objective is to maintain public confidence in the tax (financial) advice sector by ensuring that only qualified and trustworthy advisers are allowed to provide tax (financial) advice.

Scope and Application

The Tax Agent Services Act 2009 (TASA) applies to tax practitioners, which includes individuals and entities that provide tax (financial) advice services in Australia. The Act establishes a regulatory framework for the conduct, registration, and professional standards of tax practitioners to ensure compliance with legislative requirements and to protect the interests of clients. The Act operates at the Commonwealth level, meaning it applies across Australia, encompassing all states and territories. The Act may be extended or restricted through subordinate instruments, such as regulations, codes of conduct, and guidelines, which provide further detail on the implementation of the Act’s provisions. The Act includes certain exclusions, such as individuals who provide tax advice purely as an ancillary part of their primary business or profession, and thresholds that determine the applicability of registration requirements. The termination of registration under the Act may occur for reasons such as surrender of registration, failure to comply with the code of professional conduct, or no longer meeting the registration requirements, as evidenced by the listed cases of termination in the gazette.

Key Provisions

The Tax Agent Services Act 2009 (TASA) contains provisions for the registration of tax agents and financial advisers, as well as mechanisms for their deregistration. Under subdivision 40-A (sections 40-320 to 40-345), the Tax Practitioners Board has the authority to terminate the registration of tax agents or financial advisers who no longer meet the required standards. This can occur either due to the individual or entity voluntarily surrendering their registration (section 40-330), or because they no longer meet the registration requirements (section 40-325). The operative sections in this context require that the Board provide reasons for the termination and publish the details in the Gazette, as seen with the termination of numerous tax agents on 21/04/2020, and one entity, Expert Wealth Management Pty Ltd, on 14/04/2020, due to failure to comply with the code of professional conduct. The obligations imposed on tax agents and financial advisers include maintaining professional standards and compliance with the relevant codes of conduct. Any failure to meet these standards can lead to termination of their registration. Additionally, under subdivision 30-B (sections 30-160 to 30-175), entities can be deregistered for failing to comply with the code of professional conduct, as evidenced by the termination of Expert Wealth Management Pty Ltd. Breach of these obligations can result in significant consequences. The Act allows for both civil and criminal penalties. Under section 40-340, a financial penalty of up to $21,000 may be imposed for breaches of the Act or regulations. Furthermore, under section 40-345, a court may order the forfeiture of any benefit obtained through the breach, adding another layer of financial disincentive for non-compliance. These provisions are designed to ensure that tax agents and financial advisers operate within the legal framework and maintain high standards of professional conduct.

Area of Law: Taxation Law
Instrument: Gazette Notice
Concepts: Reporting & Disclosure Obligations; Licensing & Registration; Enforcement Powers

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.

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