Your Rights & Obligations

The Tax Agents Services Act requires us to advise you of your rights

and obligations where we are acting for you on taxation matters.

 

In relation to the taxation services provided:

  You are subject to the self-assessment system in relation to any of your income tax returns.

  The Commissioner is entitled to rely on any statements made in your income tax returns. 

  Where those statements are later found to be incorrect, the Commissioner may amend your income
     tax assessments and, in addition to any tax assessed, you may be liable for penalties & interest
     charges.
  You have an obligation to keep proper records substantiating the taxation returns prepared and which
     will satisfy the substantiation requirements of the Income Tax Assessment Act. Failure to keep              such records could result in claims being disallowed, additional tax being imposed, and the                  imposition of penalty or general interest charges.
  You are responsible for the accuracy & completeness of the particulars and information required to
     comply with the various taxation laws. We will use this information supplied in the preparation of
     your returns.

Your rights as a taxpayer include:

1. The right to seek a private ruling;
2. The right to object to an assessment by the Commissioner;
3. The right to appeal against an adverse decision by the Commissioner.

Certain time limitations may exist for you to exercise these rights. Should you wish to exercise these rights at any time you should contact us so we can provide you with the relevant time frames and to discuss any additional requirements which may exist.

Confidentiality
We will treat as confidential and maintain the confidentiality of all information and records you provide to us. This information will only be disclosed to a third party where you provide specific authority for us to provide this information to them, or where we are subject to a legal duty to disclose the information.

 

From time to time during the completion of your work, we may engage various staff and or contract personnel who we consider appropriate for the completion of your work. These personnel will have access to your accounting and taxation records only for the purpose of completing the accounting and taxation engagements agreed. In all cases these personnel will be subject to our supervision and control.

Your work will be under the management of Stephen Meade. In addition, the following members of our team will be actively involved in your work:

 

Name	Specialty Area	Email Address
Stephen Cole	Accounting / Taxation	stephenc@rapport-tax.com.au
Rudy Junaidy	Accounting / Taxation	rudyj@rapport-tax.com.au
Janni Ngan	Accounting / Taxation	janni@rapport-tax.com.au

Please do not hesitate to Contact Us if you have any questions or require further assistance.

 

Fees & Terms
Fees the work identified will be disclosed prior to the commencement of any work. The common range of fees is noted on our website under Pricing. Where you require any additional work to be completed beyond that described in this engagement letter, we will formalise by email.

Our accounts will be rendered to you on completion of each work segment or as agreed.

In the course of our engagement we will prepare various working papers and notes consistent with our internal quality control system. These working papers remain the property of our firm and will be

retained by us to support any future queries on work completed. Original source records provided by you

to us to assist in the completion of your work will be returned to you at the completion of each engagement.

 

Where appropriate we may take copies to retain on your client file. This letter will cover both the current

and future years unless we advise you of any changes to our engagement terms and in this case, we will

issue you with a new engagement letter.

We look forward to working with you and providing ongoing accounting, business and taxation

services. We also appreciate the trust you have placed in us by appointing us as your accountants,

and we look forward to a long and mutually beneficial working relationship.