Skip to content
Finance Investment, Taxation

$230,000 fine for brazen unregistered tax preparer

Tax Practitioners Board 2 mins read

Perth-based Jessa Van Stroe (also known as Jessa Layola) has been ordered by the Federal Court of Australia to pay $230,000 in penalties for providing tax agent services for a fee while not registered with the Tax Practitioners Board (TPB).  

Ms Van Stroe illegally charged clients fees to lodge returns on their behalf and in May 2022 the Federal Court declared Ms Van Stroe had engaged in 531 contraventions of the Tax Agent Services Act 2009 (TASA) and granted a permanent injunction restraining her from providing further tax agent services.

This case is particularly concerning as Ms Van Stroe exploited vulnerable taxpayers, in circumstances where they had sought and paid for legitimate advice on their tax obligations. Ms Van Stroe caused genuine harm to her clients. Many were found by the Australian Taxation Office to have excessive and unsubstantiated deductions, exposing them to penalties and unpaid taxes which they are liable to repay. In addition, Ms Van Stroe was aware she was operating in breach of the law by virtue of the TPB’s cease and desist letter.

In assessing the penalty to be imposed, Justice Banks-Smith stated ‘It is readily apparent that Ms Van Stroe invested significant time in what was in effect a business of providing quick, unsubstantiated tax returns. This was not a case of casual advice given from time to time, or of 'helping out' a few people. It was a steady, deliberate and repetitive course of conduct.’

TPB Chair, Mr Peter de Cure AM, said ‘Ms Van Stroe’s behaviour is unacceptable, she put taxpayers at risk for her own financial gain and has consistently shown brazen disregard for the law by continuing to provide illegal tax agent services despite knowing she was violating the law and at risk of court proceedings being pursued.’

Mr de Cure went on to say, ‘Unregistered preparers who undermine confidence in the services and reputation of the tax profession will not go undetected – the TPB are using proactive methods and data-driven technologies to find them.’

It is important for anyone who has used the services of an unregistered preparer to review their tax returns. Unregistered preparers do not have the necessary skills or expertise to provide tax advice and by using their services taxpayers have no protection against penalties which could be applied for mistakes, as seen with Ms Van Stroe’s clients. In this case the TPB has worked closely with Curtin University’s Curtin Tax Clinic, who offered free tax advice to people, including those impacted by Ms Van Stroe. 

Taxpayers seeking professional tax advice should engage a tax practitioner registered with the TPB by checking the TPB register.

About the Tax Practitioners Board

The TPB regulates tax practitioners in order to protect consumers. The TPB aims to assure the community that tax practitioners meet appropriate standards of professional and ethical conduct.

Wednesday, 13 December, 2023

Media

More from this category

  • Finance Investment
  • 31/12/2024
  • 02:56
BTCC Exchange

BTCC Exchange Thrives Alongside Bitcoin in 2024 with Record Growth and Achievements

VILNIUS, Lithuania, Dec. 30, 2024 (GLOBE NEWSWIRE) -- 2024 has been a historic year for Bitcoin and BTCC, the world’s most trusted crypto exchange, as both celebrated remarkable milestones. With Bitcoin completing its 4th halving in April and breaking above its long-awaited mark of $100,000 earlier in December, BTCC grows at the same magnitude, reaching 6.8 million registered users worldwide and surpassing a total trading volume of 13.8 trillion USDT.In the first half of 2024, BTCC proudly turned 13 as Bitcoin celebrated its 15th anniversary, solidifying its position as one of the longest-serving crypto exchanges with 0 security breaches since…

  • Finance Investment
  • 27/12/2024
  • 22:10
Bitget Limited

Bitget Unveils Over $5 Billion Worth of BGB Token Burn in New Whitepaper

VICTORIA, Seychelles, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has released a new whitepaper for its native token, Bitget Token (BGB). The update introduces an unprecedented initiative to burn 800 million BGB tokens—valued at over $5 billion based on current market prices—alongside plans to expand the token's utility. This move shows Bitget’s commitment to enforce a deflationary supply model for BGB, accelerating its utility.The new whitepaper introduces an ambitious token burn plan, starting with the immediate and permanent burn of 800 million BGB - 40% of the total supply - reducing the circulating…

  • Finance Investment
  • 27/12/2024
  • 02:56
Bitget Limited

Bitget to Merge BGB and BWB Tokens, Advancing a Unified Onchain Ecosystem

VICTORIA, Seychelles, Dec. 26, 2024 (GLOBE NEWSWIRE) --  Bitget, the leading cryptocurrency exchange and Web3 company, has announced the merger of its native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). The move, driven by strong community demand, aims to unify the two tokens into a single ecosystem token, BGB, which will serve as the ultimate utility token for both Bitget Exchange and Bitget Wallet.As one of the fastest-growing centralized exchanges (CEXs), Bitget ranks among the top three globally in trading volume, offering a comprehensive suite of pre-market, spot, margin, and futures trading services. Bitget Wallet, one of the…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.