Sydney tax agent sentenced over false tax claims



A Sydney tax agent has been sentenced for 20 months for lodging false income tax returns and amendments which cost the Commonwealth almost $180,000.
Hussain Nazeer from Mount Druitt, NSW, who was a former Business Activity Statement (BAS) agent, lodged 22 fraudulent tax statements for 14 of his clients between 2010 and 2013 after amending their statements, resulting in $23,000 of refunds which he kept himself.
He also submitted 108 false amendments on behalf of 37 taxpayers, mostly relating to car and medical expenses, which resulted in a further $156,000 in refunds.
He was ordered by the court to pay $179,826 in reparations.
Australian Tax Office (ATO) assistant commissioner, Adam Kendrick, said: “As demonstrated in this case, even registered tax professionals can be dishonest and take advantage of their clients. That is why it’s important for the ATO to maintain the integrity of the tax profession and weed out those who try to undermine their trusted position.
“Mr Nazeer’s actions showed a complete disregard for not only the law, but also his clients’ trust by lodging fraudulent tax returns and amendments in their names.”
Nazeer’s registration with the Tax Practitioner Board (TPB) ceased in 2016.
Recommended for you
Wrapping up the reporting season for the 2024–25 financial year, Money Management rounds up the results of Australia’s listed platforms.
Investment platform Praemium has announced an integration with fund services firm Clearstream’s platform into Praemium Spectrum, expanding advisers’ access to global funds and greater operational efficiency.
Financial services firm Akambo has rebranded itself as an investment management and asset consulting business after almost two decades of operation, targeting $20 billion in assets under management.
Big four bank Westpac is seeking to expand the BT Panorama investment offering through strategic alliances as well as launching a low-cost offering.