TASA Disclosure Statement

TASA Disclosure Statement – HBT Advisory Pty Ltd

Information we are required to Disclose to our Clients

As Registered Tax Agents, our services are performed for you in accordance with the law, including the Tax Agent Services Act 2009 (TASA).

The following information is provided in compliance with the disclosure requirements of s45 of the Tax Agent Services Act 2009:

We are subject to the Code of Conduct prescribed in the Tax Agent Services Act 2009 and additional determinations.

The Tax Practitioners Board (the board) are the regulator of Registered Agents. We are also required to adhere to the requirements of the ATO in our interactions with their Online Services and use of other relevant software.

General information about rights, responsibilities and obligations

The Tax Agent Services Act 2009 includes the Code of Professional Conduct (the Code) which sets out the professional and ethical standards that registered tax practitioners must comply with.

As a Registered Tax Agent, our obligations to clients under the Code include, but are not limited to, acting lawfully in their best interests, acting honestly and with integrity, having arrangements in place to manage any conflicts of interest, taking reasonable care to ensure the taxation laws are complied with and providing services in a competent and timely manner. Further information about the Code obligations is available on the TPB website at www.tpb.gov.au/code-professional-conduct.

Under the taxation laws, clients also have obligations to their registered tax practitioner including, but not limited to, being truthful with the information they provide, keeping the required records and providing them (if required) on a timely basis, advising of any changes that may impact the tax agent services to be provided and being co-operative with their tax practitioner’s requests and meeting their due dates.

More information about the obligations of clients and registered tax practitioners is available on the TPB website at www.tpb.gov.au/obligations and in its factsheet, Information for Clients.

Statements made to the ATO
In our role of providing services to you, the law states:

We must not make a statement, prepare a statement, or permit an entity to make or prepare a statement to the commissioner that is false, incorrect or misleading in a material particular or omits anything that causes the statement to be misleading.

If, after making a statement, based on subsequent information, it is apparent that the statement is false or misleading in a material particular, then we should discuss any further information that indicates the statement is not, in fact, incorrect

If we have reasonable grounds to believe that the false or misleading nature of the statement resulted from:

Failure to take reasonable care in connection with the preparation or making of the statement; or
Recklessness as to the operation of a taxation law; or
Intentional disregard of a taxation law.

Then we must advise you:
That the statement should be corrected.
The possible consequences of not taking action to correct the statement.
Our responsibility to take further steps if required.

If the statement is not corrected, we may have to withdraw from providing any future services.

We also note that in the event that the statement is not corrected and the false or misleading statement has caused or will cause “substantial harm” to the interests of others, the law requires us to notify the ATO that a statement that has been made should be corrected.

Prescribed events within the last five years

Registered tax practitioners are required to advise their clients if any of the following events have occurred within the last five years (but not before 1 July 2022):

Their registration was suspended or terminated by the TPB.

They were an undischarged bankrupt or went into external administration.

They were convicted of a serious taxation offence.

They were convicted of an offence involving fraud or dishonesty.

They were serving, or were sentenced to, a term of imprisonment in Australia for six months or more.

They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for being a promoter of a tax exploitation scheme.

They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for implementing a scheme that has been promoted on the basis of conformity with a public ruling, private ruling or oral ruling in a way that is materially different from that described in the ruling.

They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for promoting on the basis of conformity with a public ruling, private ruling or oral ruling, a scheme that is materially different from that described in the ruling.

The Federal Court has ordered them to pay a pecuniary penalty for contravening a civil penalty provision under the Tax Agent Services Act 2009.

Accordingly, I advise that none of the above events have occurred during the relevant period.

Registration subject to conditions

Registered tax practitioners are required to advise clients of any conditions currently imposed on the registration by the TPB. A ‘condition’ limits the scope of services they can provide.

I advise that there are no conditions currently imposed by the TPB on my registration.

The register contains registration details of registered, suspended and deregistered Tax and BAS Agents.

The register is available at https://www.tpb.gov.au/public-register

Guidance on how to use the register is available at https://www.tpb.gov.au/help-using-tpb-register

Complaints
We note that we hope that any concerns you may have with our service are able to be discussed with us first to ensure we are able to respond to any misunderstanding or any performance issues.

If you have a complaint about our services, please contact [email protected]. We will acknowledge your complaint within 3 business days and aim to resolve it within 10 business days.

If we are unable to resolve your complaint, you may contact the TPB to lodge a formal complaint. Information on how to do this is available at: https://www.tpb.gov.au/complaints.

This information is required to be provided by TASA 2009 Sn 45(2) and is required when an entity is considering engaging or re-engaging a registered Tax Agent or BAS Agent or upon request.

This information is true and correct at 1 July 2025. Any change to this information must be updated within 30 days of us becoming aware of any change matter.