Section 22

Cancellation of tax agent’s licence 

(1)  (Finance Act, 2016 Effective 9th June 2016) 

A tax agent who ceases to carry on business as a tax agent shall notify the Commissioner in meeting writing at least seven days before ceasing to carry on business as a tax agent.

(2) A tax agent may apply in writing to the Commissioner to cancel the license.

(3) The Commissioner shall cancel the license of a tax agent if–

• (a) a tax return prepared and filed by the tax agent is false in any material particular, unless the tax agent satisfies the Commissioner that the falsification was not due to any willful or negligent conduct of the tax agent; 
• (b) the tax agent ceases to satisfy the conditions for licensing as a tax agent; 
• (c) the tax agent has ceased to carry on business as a tax agent. 

(4) The Commissioner shall notify a tax agent in writing of the cancellation of the license.

(5) The cancellation of the license of a tax agent shall take effect on–

• (a) the date the tax agent ceases to carry on business as a tax agent; or 
• (b) sixty days after the tax agent has been notified by the Commissioner of the cancellation of the tax agent’s license, whichever is the earlier.

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