Termination of tax (financial) adviser registrations - November 2018

Administered by Department of the Treasury

Legislation au C2020G00098 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 (financial) Advisers under subdivision 40-A of the Tax Agent Services Act 2009 (TASA):

Name of Tax (financial) Advisers:	Termination effective from:	Reason for Termination:
Amin Mohammad Ali	9/11/2018	Surrender
Angela Harrison	30/11/2018	Surrender
Angelina Wu	9/11/2018	Surrender
Arthur J. Gallagher (Life Solutions) Pty Ltd	30/11/2018	Surrender
Ashleigh Lel Gurymer Guymer	9/11/2018	Surrender
Australian Life Risk Pty Ltd	9/11/2018	Surrender
Bernadette Dean	9/11/2018	Surrender
Bill Brown & Associates Pty. Limited	30/11/2018	Surrender
Billings Ellis Advisory Services Pty Ltd	30/11/2018	Surrender
Brent Johns	30/11/2018	Surrender
Brett Gallagher	30/11/2018	Surrender
Brett Williams	30/11/2018	Surrender
C.J.I.L. Pty Ltd	9/11/2018	Surrender
Cameron Newby Allen	9/11/2018	Surrender
CAPS Financial Pty Ltd	30/11/2018	Surrender
Cassandra Lee Pearson	9/11/2018	Surrender
Chloe Ward	30/11/2018	Surrender
Churchill Consulting Services Pty Ltd	30/11/2018	Surrender
Clanbrooke Pty. Ltd.	30/11/2018	Surrender
Corporation U Financial Services Pty Ltd	30/11/2018	Surrender
Craig Alan Waters	9/11/2018	Surrender
Craig Peter Weber	9/11/2018	Surrender
Crimmins Hughes Pty Limited	30/11/2018	Surrender
Dakota Tech Pty Ltd	9/11/2018	Surrender
Daniel Terrence Kearney	30/11/2018	Surrender
Darrell Woolley	30/11/2018	Surrender
David Luker	9/11/2018	Surrender
Deborah Tracey Lodge	9/11/2018	Surrender
Dianne Case	30/11/2018	Surrender
Donnelly Financial Services Pty. Ltd.	9/11/2018	Surrender
EC Financial Services Pty Ltd	30/11/2018	Surrender
Empire Wealth Pty Ltd	9/11/2018	Surrender
Equity Care Group Pty Ltd	30/11/2018	Surrender
Fitzpatricks A D Pty Ltd	30/11/2018	Surrender
Frank Paul	30/11/2018	Surrender
G Super Pty Ltd	9/11/2018	Surrender
Gregory Jon Dinsdale	30/11/2018	Surrender
Gregory Leigh Harper	9/11/2018	Surrender
Harold Spartels	9/11/2018	Surrender
Ibalance Risk Management Pty Ltd	9/11/2018	Surrender
In Reverse Pty Ltd	30/11/2018	Surrender
Insuraplan Pty Ltd	30/11/2018	Surrender
Jason Carley Zinner	9/11/2018	Surrender
Jeremy Peter Potgieter	30/11/2018	Surrender
Jerry Abraham	9/11/2018	Surrender
John Charles Fisher	9/11/2018	Surrender
Jovic Global Pty Ltd	30/11/2018	Surrender
JV Partners Pty Ltd	9/11/2018	Surrender
Kelvin Wong	9/11/2018	Surrender
Kerr Andison and Kenny Financial Services Pty Ltd	30/11/2018	Surrender
Kerry Fleming	30/11/2018	Surrender
Kwing Ming Wong	30/11/2018	Surrender
Lea Life Brokers Pty Ltd	9/11/2018	Surrender
Lionel Hershel Werbeloff	9/11/2018	Surrender
Luke Young	9/11/2018	Surrender
Malcolm Andrews	9/11/2018	Surrender
Malcolm Jensen	30/11/2018	Surrender
Malcolm Jensen Financial Services Pty. Ltd. & Rossbury Pty Ltd	30/11/2018	Surrender
Margaret Hillman	30/11/2018	Surrender
Mark James Meacham	9/11/2018	Surrender
Mark Williams	9/11/2018	Surrender
Matthew Wayne Zaccour	9/11/2018	Surrender
McMaster Heathfield Pty Ltd	30/11/2018	Surrender
MCS Superannuation & Financial Services Pty Ltd	30/11/2018	Surrender
Medico Legal Insurance Group Pty Ltd	30/11/2018	Surrender
Mega Lifelines Pty Ltd	9/11/2018	Surrender
Mega Lines Pty. Ltd.	9/11/2018	Surrender
Merit Planning Bayside Pty Ltd	30/11/2018	Surrender
Metieta Capital Pty Ltd	30/11/2018	Surrender
Michael Hall	9/11/2018	Surrender
Michael Reginald Poore	9/11/2018	Surrender
MICHAELSMCFP Pty Ltd	9/11/2018	Surrender
Mick McKendry & Associates Pty. Ltd.	30/11/2018	Surrender
MLA Financial Solutions Pty Ltd	30/11/2018	Surrender
MSB Securities Pty Ltd	30/11/2018	Surrender
My Investment Plan Pty Ltd	30/11/2018	Surrender
Nathan James Reck	9/11/2018	Surrender
Northern Rivers Private Wealth Pty Ltd	30/11/2018	Surrender
NXT Financial Pty Ltd	9/11/2018	Surrender
Olivia McAllan	9/11/2018	Surrender
Olubunmi Ajayi	9/11/2018	Surrender
Peter J. Sherriff & Co. Pty. Ltd.	30/11/2018	Surrender
Peter Stephen Krstic	30/11/2018	Surrender
Peter Victor Farrar	9/11/2018	Surrender
PGP Financial Advisory Pty Ltd	30/11/2018	Surrender
Portarlington Finance Services Pty Ltd	30/11/2018	Surrender
Raymond Leslie Trowthe	30/11/2018	Surrender
Refocus Financial Group Pty Ltd	9/11/2018	Surrender
RI Dandenong Pty Ltd	30/11/2018	Surrender
Ross Knuckey	9/11/2018	Surrender
Ryan Geoffrey Holmes	30/11/2018	Surrender
Sally Hinchliffe Advisory Services Pty. Ltd.	30/11/2018	Surrender
Sandy Lai	30/11/2018	Surrender
Sare Simeonov	9/11/2018	Surrender
Savneet Singh Sodhi	30/11/2018	Surrender
Scott Roderick Dorman	9/11/2018	Surrender
Shane Alexander Russell	9/11/2018	Surrender
Simon Power	9/11/2018	Surrender
Sondergaard SMSF Specialists Pty Ltd	9/11/2018	Surrender
Sovereign Wealth Pty Ltd	30/11/2018	Surrender
Stepping Stones Financial Planning Pty Ltd	30/11/2018	Surrender
Sure Wealth Australia Pty Ltd	9/11/2018	Surrender
Susan Cowle	30/11/2018	Surrender
Sustainable Financial Planning Pty Ltd	9/11/2018	Surrender
Terry-Lee Riddle	9/11/2018	Surrender
The Trustee for Active Advice Australia	30/11/2018	Surrender
The Trustee for JPH Private Wealth Unit Trust	30/11/2018	Surrender
The Trustee for L H Werbeloff Family Trust	9/11/2018	Surrender
The Trustee for V I Partners Wealth Management Trust	30/11/2018	Surrender
Therese Jarrett	30/11/2018	Surrender
Tony Allan Morrison	9/11/2018	Surrender
Tree of Life Financial Advisory Pty Ltd	9/11/2018	Surrender
Tucker Mcneil Pty Limited	9/11/2018	Surrender
United Financial Solutions Pty Ltd	9/11/2018	Surrender
Village Accountants (SA) Pty. Ltd.	9/11/2018	Surrender
Vincent Thomas Martin	30/11/2018	Surrender
Wes Investments Pty Ltd & Bush Ranger Nominees Pty Ltd	9/11/2018	Surrender
Woinarski Pty Ltd	30/11/2018	Surrender
Wrights Services Financial Planning Pty Limited	30/11/2018	Ceased to Exist

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 establish a framework for the registration and regulation of tax (financial) advisers, ensuring that they meet certain standards of competence and conduct. The Act was designed to address the need for a more structured and regulated approach to the provision of tax services, thereby protecting consumers and maintaining the integrity of the tax system. The Act was passed by the Parliament of Australia and its policy objective is to ensure that tax practitioners provide services with integrity, competence and diligence. Recently, the Tax Practitioners Board has terminated the registration of several Tax (financial) Advisers under subdivision 40-A of the Act, with the reasons for termination cited as surrender or cessation of existence.

Scope and Application

The Tax Practitioners Board, as an entity responsible for the regulation of tax (financial) advisers in Australia, has the authority to terminate the registration of tax (financial) advisers under the Tax Agent Services Act 2009 (TASA). The Act applies to both individuals and entities authorised to provide tax (financial) services, ensuring they meet the necessary professional standards and regulatory requirements. The geographic and jurisdictional reach of this Act is national, as it applies across all states and territories within Australia. The Act may extend or restrict its application through subordinate instruments, thereby allowing for detailed regulations and guidelines to be set in relation to the conduct and activities of tax (financial) advisers. The Act provides a comprehensive framework to protect the public interest by ensuring only qualified and reputable professionals are authorised to provide tax (financial) services. The termination of registration of the listed tax (financial) advisers, as indicated in the Gazette, is a consequence of their surrender of registration or cessation of existence, thereby ensuring compliance with the regulatory standards set forth by the Tax Practitioners Board.

Key Provisions

The gazette issued by the Tax Practitioners Board (TPB) details the termination of the registration of several Tax (financial) Advisers under subdivision 40-A of the Tax Agent Services Act 2009 (TASA). These terminations are effective from either 9 November 2018 or 30 November 2018, and the reason for each termination is listed as "Surrender" or "Ceased to Exist". The list includes both individual advisers and companies, highlighting that the terminations apply broadly across the industry. The Tax Agent Services Act 2009, specifically under section 40-15 (subsection 1), mandates that the TPB can terminate the registration of tax (financial) advisers under certain conditions, including when the adviser surrenders their registration or ceases to exist as a legal entity. The terminations listed in the gazette likely follow this provision, where the advisers or entities have either voluntarily surrendered their registration or have otherwise ceased to exist, rendering their registration invalid. Entities and individuals whose registration has been terminated face several obligations under the TASA. For instance, they must cease providing tax agent services and must comply with any ongoing obligations related to their previous registration, such as responding to any investigations or providing information to the TPB. Additionally, they must notify their clients of the termination and ensure that any client affairs are appropriately managed and transferred if necessary. Violations of the provisions under the Tax Agent Services Act 2009 can result in various penalties and consequences. For example, under section 120 of the Act, an individual or entity that continues to provide tax agent services without a valid registration can be subject to civil penalties. Specifically, each day of the contravention can incur a penalty of up to $2,200 for an individual and up to $11,000 for a body corporate. Furthermore, under section 138, a person who is found guilty of an offence related to the provision of tax agent services without a valid registration can face criminal penalties, including fines and imprisonment. The exact penalties depend on the severity and circumstances of the offence.

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

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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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