ENGAGEMENT TERMS

Engagement of Maynard Accounting as Accountant/Tax Agent

We are pleased to accept appointment for the above role. I/We always seek to act in the best interests of our clients and to provide the highest level of professional services.

PROFESSIONAL FEES AND PAYMENTS:

All professional fees for the above stated services will be based on a fixed cost and subject to variations; Additional fees apply to various additional schedules included in the tax return form. Unless other terms
have been agreed to, payment of fees are to be paid on completion of tax return or by deduct fee from refund service (conditions apply).

DISCLOSURE OF OTHER FEES AND COMMISSIONS:

We disclose to our clients any commissions or other fees received as a result of work done for that client and will fully comply with any statutory requirements in relation to the disclosure of such information.

DOCUMENTS:

Before we lodge tax returns we require your signature as authority to do so. We shall endeavour to ensure that tax returns are lodged by the due dates, provided all information and documentation is received within ATO deadlines.

RESPONSIBILITY FOR ACCOUNTING/INTERNAL CONTROLS:

We advise that the responsibility for the maintenance of record keeping rests with you (the client). You will be responsible for the maintenance and keeping of records and receipts. It is important to remember that you are personally responsible for the information contained in any statutory return and that you must retain all necessary supporting documentation to substantiate your transaction. In some cases we may ask clients to sign a substantiation declaration form in addition to the tax return.

OWNERSHIP OF DOCUMENTS:

The final tax return and any other documents which we prepare, together with any other original documents given to us, shall remain your property. Any other documents brought into existence by us will remain our property at all times. However, we will always provide you with copies of any documents that you may require from time to time.

LIEN OVER DOCUMENTS:

In relation to any subsequent termination of our services, you are advised that we shall not exercise any lien over any documents, regardless of whether fees have been paid in full or not.

QUALITY ASSURANCE:

As a Member of the Institute of Public Accountants (IPA) we are subject to periodic quality assurance reviews. Unless
otherwise advised by yourself, you are consenting to your files possibly being part of such a quality review.

STANDARDS:

We aim to provide the highest standard of professional service and are focused on the concerns of our clients. If you feel you have not received the level of service expected please contact the principal partner to discuss further.

PREVIOUS ACCOUNTANT:

As a matter of professional courtesy, and in line with the requirements of the IPA, we will endeavour to inform your previous accountant that we have been engaged by you as your new accountant.

By engaging Maynard Accounting to prepare your tax return(s) you agree with the above terms of engagement.

Maynard Accounting
David Maynard MIPA

Please see a sample of Client Substantiation Declaration