Terms + Conditions


Our Duties

We will rely on the information supplied by you in performing our services under this agreement and will not independently verify the accuracy of such information. 

 Engagements that involve the compilation of financial information will be performed in accordance with Service Engagement Standard No. 2 Compilation of Financial Information (SES-2) issued by Chartered Accountants Australia New Zealand and available to view from their website.

 Unless asked by you we won't investigate internal control weaknesses, errors or illegal acts.  Our procedures will not include verification or validation procedures.  No audit or review engagement will be performed and accordingly no assurance will be expressed.  However, we will inform you of any such matters which come to our attention during the course of our engagement.

 Independence is not a requirement for a compilation engagement. If we are aware that we are not independent of the reporting entity, this fact will be stated in our report.

Where we are to act as your Tax Agent we will be able to obtain information from Inland Revenue through all channels including electronic, and for all tax types, except Child Support.

 The conduct of this engagement is in accordance with the professional standards, rules and ethical requirements of Chartered Accountants Australia New Zealand. Information we obtain in the course of this engagement is subject to confidentiality requirements. We will not disclose that information to other parties, without your express consent, except as required by law or professional obligations. As a member of Chartered Accountants Australia New Zealand we are subject to practice review therefore our files relating to this engagement may be reviewed by Institute reviewers who also have a duty of confidentiality.

 Material that you provide to us remains yours and will be returned to you when the engagement is completed. Work papers that we create remain our property. You confirm we have authority to communicate with and obtain information from any third party (including the Inland Revenue Department) if the information sought is relevant to our engagement.

 We will store tax records that we hold on your behalf for a period of seven years after the applicable balance date. At the end of that period, unless you ask us to send that information to you, the records will be destroyed using a secure document destruction service.

 We will not accept any responsibility to any person, other than you, for the contents of financial information we prepare.

 Your Responsibilities

1.       To provide us with records, information, documents and explanations to enable us to carry out the assignments as detailed in Part B in a timely manner and where applicable with regard to statutory time limits.  We will not be responsible for the consequences of delays caused by incomplete or inaccurate information or failure to supply us with information in a reasonable time.

2.       To advise us of any changes in personal details such as address, family members and marital status to enable us to fulfil various obligations resulting from these changes.

3.       To carefully review the financial information and returns of income to ensure they are complete and correct in all respects before confirming your approval of them and in particular before signing any returns of income.  Whilst we shall exercise all due care and skill it is agreed that you have responsibility for the accuracy and completeness of:

-     the content of all information, etc provided to us;

-     financial statements; and

-     tax returns.

4.       Ultimate responsibility for any penalties or interest arising from any error in the returns of income or financial statements, or for any reason (e.g. failure to pay taxation when due or other breach of the Tax Administration Act 1994), will rest with you.

5.       To provide all information required for us to maintain, if applicable, company records: including advising us of any changes in directors or shareholders and any changes to their residential addresses, providing us with a copy of all directors’ and shareholders’ minutes and share transfers, supplying details of any charges registered or discharged and all details required to maintain a complete register of interests.

6.       To supply sufficient information to allow us to draft resolutions and certificates required by Companies Legislation where this forms part of the duties we are to perform.  You are responsible for ensuring that the resolutions and certificates are accurate and, where any contain expressions of opinion, that those opinions are formed by the appropriate person in accordance with legislation.  We do not take any responsibility for those opinions


 Our fees are normally based on hours worked charged at rates appropriate to the work performed and the levels of expertise required.  We will discuss estimated costs with you before commencing.  Any costs of collection will be added to fees due.


No legal proceedings may be commenced later than two years after the date on which the party bringing the claim became aware or ought reasonably to have become aware of the facts giving rise to the claim. In any event, no legal proceedings may be commenced more than four years after the date on which the facts giving rise to the claim occurred.