Terence Davidson

Member’s name: Terence Davidson
Date of Hearing: 20 February 2025
Division: New South Wales
Tribunal: Disciplinary

On 20 February 2025, the Disciplinary Tribunal found Mr Terence Davidson breached CPA Australia’s 14 May 2019 Constitution:

• Article 39(a)(ii)(C), in that he “failed to observe as proper standard of professional care, skill or competence” by failing to lodge Business Activity Statements for a client by their due dates.
• Article 39(a)(ii)(C), (and as subsequently amended on 11 May 2022), in that he “failed to observe a proper standard of professional care, skill or competence” by failing to lodge Income Tax Returns for a client by their due dates.

Mr Terence Davidson attended the Disciplinary Tribunal hearing and denied the Complaints.

Penalty and Costs:

The Disciplinary Tribunal found the Complaints sustained and imposed the following penalties:

• A severe reprimand for each Complaint.
• The Member is to provide evidence to the General Manager Professional Conduct (GMPC) that he has provided the Complainant with access to all records that are in his power and control that relate to the Complainant, and the entities in which the complainant has an interest, by 31 March 2025. Failure to provide such evidence to the GMPC will result in immediate forfeiture of Membership.
• The GMPC is to notify the Tax Practitioners Board and the National Accountants Association of the Determination of the Tribunal.

The Member was ordered to pay CPA Australia’s costs of $10,475.