Thank you for selecting Quotax Consultant as your appointed tax agent. We are pleased to serve your tax needs and are dedicated to delivering the highest level of professional service while always prioritizing your best interests. This letter outlines the terms and conditions of our engagement. Any additional work beyond the scope specified must be agreed upon in writing by both parties. Our services will commence upon signing and returning this agreement to us, either via post, email at info@quotaxconsultant.com.au, or through our website at www.quotaxconsultant.com.au.
The scope of our services is as mutually agreed upon. As our client, you are responsible for complying with the substantive provisions of the Income Tax Assessment Act. We are not liable for any late lodgment fees or other penalties incurred due to delays on your part. It is essential that you provide us with all necessary information promptly when requested.
The preparation of your tax return for the relevant year will involve careful analysis, discussions, and recommendations regarding your tax obligations. Please note that we are not liable for any variations in refund amounts, whether different from our estimates or the final figures provided by the Australian Taxation Office (ATO). Our role is to provide informed estimations based on the information available.
Our primary commitment is to act in the best interests of our clients. However, we are also bound by legal and ethical obligations, which may require us to act in a manner contrary to your wishes if necessary. For example, we cannot submit a tax return if we believe the information provided is materially false.
In the event that legal or other expenses, including those related to a collection agency, are incurred in obtaining payment for services rendered, you, the client, will be responsible for covering those expenses on a full indemnity basis. Collection fees may be calculated on a commission basis of up to 30% of the amount due, and you agree to pay these costs regardless of the level of work performed by the collection agency.
As a financial institution and an associate of an accounting body, Quotax Consultant is subject to periodic Professional Quality Assurance reviews. By accepting our services, you consent to your files being part of these reviews, which focus on our client records rather than on individual clients. Confidentiality will be strictly maintained throughout this process, in accordance with our stringent privacy policies.
Your information is safeguarded under our Privacy Policy, ensuring your data remains secure. Charges for our services may vary based on the time required, and payment terms are outlined in the invoice provided.
In compliance with the professional and ethical standards set by the Accounting Professional & Ethical Standards Board Limited (APESB), Quotax Consultant will deliver the agreed-upon services, which may include accounting, taxation, and business advisory services. Our engagement is strictly limited to the agreed scope, and no audits or reviews will be conducted. Consequently, no warranties or assurances are provided.
Our engagement is not designed to uncover irregularities, including fraud or errors, but if such issues come to our attention, we will promptly inform you. Reports prepared as part of this engagement are intended solely for the specific purposes outlined. We are not liable for any reliance on these reports by parties other than those specified.
Responsibilities:
All information obtained during our engagement is subject to strict confidentiality. We will not disclose this information to third parties except as required by law or with your express consent. Our quality management system adheres to APESB standards, and your acceptance of our services constitutes your acknowledgment that your file may be included in periodic reviews, with your notification provided if this occurs.
You are responsible for ensuring the accuracy and completeness of the information provided and for facilitating our access to relevant individuals and documents.
Fees:
Our fees are based on the estimated time and resources required to complete the services, with the rate being either hourly or fixed, as agreed upon prior to commencement.
Sole Recourse:
This agreement is between you and Quotax Consultant. Your relationship is exclusively with Quotax Consultant as the entity providing services. Certain services may be performed by third parties under this agreement, but no claims or actions should be brought against these parties. This exclusion does not apply to liability arising from fraud or other non-excludable legal obligations.
Ownership of Documents:
All original documents obtained from you remain your property. However, we reserve the right to retain copies for our records. The output documents we produce, such as financial statements and tax returns, belong to you. All other documents generated during this engagement remain the property of our firm.
Confirmation of Terms:
Your acceptance of our services signifies your understanding and agreement to the terms outlined. This agreement will remain in effect for future engagements unless revised by us.