The following terms are used in this Agreement are defined as below:

• Service means services supplied by the Provider, the nature, scope, purpose and the output contained in this Areement.
• Provider/Firm means Trustee of Alliance Group Trust T/as Alliance Accounting Group.
• Agreement means this agreement made between you \and the Provider which you confirm that you have read, understood and accepted by engaging our Service.

Purpose, Scope and Output of Engagement

This provider will provide tax and accounting services, which will be conducted in accordance with the relevant professional and ethical standards issued by the Accounting Professional & Ethical Standards Board Limited (APESB), and with Tax Agents Services Act 2009 and the Tax Agent Services Regulations 2009.

The extent of our procedures and services will be limited exclusively for this purpose only. As a result, no audit or review will be performed and, accordingly, no assurance will be expressed. Our engagement cannot be relied upon to disclose irregularities including fraud, other illegal acts and errors that may exist. However, we may, as part of our responsibilities as a Member in Public Practice, take steps and actions as set out in Section 225 of the Code, “Responding to Non-Compliance with Laws and Regulations”. These include but are not limited to the following.

During the course of our engagement, if we identify or suspect that non-compliance with laws or regulations has occurred or may occur, which may have a direct effect on material amounts or disclosures in the financial statements or compliance with which may be fundamental to the operating aspects of your business, to its ability to continue its business or to avoid material penalty, we will discuss the matter with the appropriate level of management, those charged with governance or the internal auditor, as appropriate, to enable you to rectify, remediate or mitigate the consequences of the identified or suspected non-compliance or deter the commission of the non-compliance where it has not yet occurred.

We will consider whether to communicate the non-compliance or suspected noncompliance with any external auditor, unless prohibited by law or regulation. We will also consider, based on materiality and/or significance of the matter, whether further action is needed in the public interest. Further action may include disclosing the matter to an appropriate authority even when there is no legal or regulatory requirement to do so or withdrawing from the engagement and the professional relationship where permitted by law or regulation.

Where appropriate we will inform you of our intention to disclose the matter to an appropriate authority before disclosing the matter. However, if we have reason to believe that the actual or intended conduct would constitute an imminent breach of a law or regulation that would cause substantial harm to investors, creditors, employees or the general public, we may immediately disclose the matter to an appropriate authority in order to prevent or mitigate the consequences of such imminent breach of law or regulation.

We are not responsible for state taxes and duties, including but not limited to, land tax, payroll tax and stamp duty, or for WorkCover unless we are specifically engaged to and this is documented.

Period of Engagement

This engagement will cover the preparation of an Income Taxation Return for the last completed financial year. The first period for which we will be responsible is the last financial year ending 30 June as of the date this form is completed.

We will not deal with earlier periods unless you specifically ask us to do so and we agree.

Responsibilities

In conducting this engagement, information acquired by us in the course of the engagement is subject to strict confidentiality requirements. That information will not be disclosed by us to other parties except as required or allowed for by law, or with your express consent.

We wish to draw your attention to our firm’s system of quality control which has been established and maintained in accordance with the relevant APESB standard. As a result, our files may be subject to review as part of the quality control review program of CPA Australia which monitors compliance with professional standards by its members. We advise you that by accepting our engagement you acknowledge that, if requested, our files relating to this engagement will be made available under this program. Should this occur, we will advise you.

The Client is responsible for the reliability, accuracy and completeness of the accounting records, particulars and information provided and disclosure of all material and relevant information. Clients are required to arrange for reasonable access by us to relevant individuals and documents, and shall be responsible for both the completeness and accuracy of the information supplied to us. Any advice given to the Client is only an opinion based on our knowledge of the Client’s particular circumstances. Accordingly, we will not complete returns unless information we request is supplied. No receipt, no deduction, no exception.

A taxpayer is responsible under self assessment to keep full and proper records in order to facilitate the preparation of a correct return. Whilst the Commissioner of Taxation will accept claims made by a taxpayer in an income tax return and issue a notice of assessment, usually without adjustment, the return may be subject to later review. Under the taxation law such a review may take place within a period of up to 5 years after tax becomes due and payable under the assessment. Furthermore, where there is fraud or evasion there is no time limit on amending the assessment. Accordingly, you should check the return before it is signed to ensure that the information in the return is accurate.

Where the application of a taxation law to your particular circumstances is uncertain you also have the right to request a private ruling which will set out the Commissioner’s opinion about the way a taxation law applies, or would apply, to you in those circumstances. You must provide a description of all of the facts (with supporting documentation) that are relevant to your scheme or circumstances in your private ruling application. If there is any material difference between the facts set out in the ruling and what you actually do the private ruling is ineffective.

If you rely on a private ruling you have received, the Commissioner must administer the law in the way set out in the ruling, unless it is found to be incorrect and applying the law correctly would lead to a better outcome for you. Where you disagree with the decision in the private ruling, or the Commissioner fails to issue such a ruling, you can lodge an objection against the ruling if it relates to income tax, fuel tax credit or fringe benefits tax. Your time limits in lodging an objection will depend on whether you are issued an assessment for the matter (or period) covered by the private ruling.

As per the legislation, we cannot lodge any documents without a signed copy being provided. Provision of signed documents electronically is allowed.

Fees

The fee arrangement is based on the expected amount of time and the level of staff required to complete the Income Taxation Return services as agreed. The fee including GST are listed on each service page. 

The fee arrangement is based on the expected amount of time and the level of staff required to complete the accounting services as agreed and may be subject to change.

The fee is stated above, excluding miscellaneous expenses which are incurred to complete the engagement.

If an unanticipated need arises outside the scope of this arrangement (for example, but not limited to, an ATO audit, business sale, estate or succession planning, financial planning, computer consultancy/installation, cash flows, finance application, Centrelink/pension forms etc.) then we will perform this work at a mutually agreed price before we commence the work.

You acknowledge that if fees are in arrears no work will be completed and compliance documents will not be lodged if there are fees outstanding. 

Debt Collection Agency

If the work is completed and the fee remains outstanding for a period of 90 days, the overdue debt will be handled by our debt collection agency. 

Specific Terms for Corporations – ASIC Agent

On the engagement or registration of a corporation, the firm becomes the ASIC agent, and holds the corporate register whilst acting as ASIC agent, although the register remains the property of the company.

All companies, regardless of their trading activity or purpose are subject to an annual ASIC agent package fee. The fee is invoiced each July for the forthcoming financial year and details the service covered including hosting of the registered office and upkeep of corporate register documentation. No refund or pro rata is available for changes or additions during the financial year.

Outsourced Services

Acceptance of our services in conjunction with this engagement document indicates your acceptance of the use of outsourced services as described.  Where the outsourced service requires the disclosure of personal information to an overseas recipient a consequence of your consent is that the provider will be required to take reasonable steps to ensure that the Australian Privacy Principles are complied with by the overseas recipients of the Personal Information.

Goods and Services Taxation (GST)

All fee listed on this website are in Australian Dollars (AUD) and subjected to GST.

Limitation of Liability

Our liability is limited by a scheme approved under Professional Standards Legislation. Further information on the scheme is available from the Professional Standards Councils’ website: http://www.professionalstandardscouncil.gov.au.

Ownership of Document

All original documents obtained from you arising from the engagement shall remain your property. However, we reserve the right to make a reasonable number of copies of the original documents for our records.

Ownership of these documents will vest in you. All other documents produced by us in respect of this engagement will remain the property of the firm, subject to any statutory obligations.

The firm has a policy of exploring a legal right of lien over any client documents in our possession in the event of a dispute. The firm has also established dispute resolution processes.

Indemnity

It is possible that a person may make a claim against us in connection with our appointment, including the services we provide to you. If this happens, we may suffer or incur liabilities, claims, costs, losses, fees and expenses, including legal costs (Losses). You agree to indemnify us against any such Losses, except to the extent a Loss is solely the result of our own negligence. One example of where the indemnity will apply is where the Losses are a consequence of any specific instruction or request you make, inaccurate information you provide to us, or any breach by you of the terms of our appointment.

Agreement with Terms

The terms described above have been provided to you, and they are deemed to be accepted by you. If you have any disagreement with these terms, please advise by email us or send us a message clicking here or phone us on 02 8006 8863.