Nexia Court & Co offers their clients a range of fully integrated tax services under the leadership of a specialist tax partner. In line with the Firm’s philosophy, clients are able to have maximum contact with partners who are always available to discuss and advise on tax matters.
We combine our technical knowledge, practical experience and the resources of Nexia International to help our clients resolve tax issues both locally and worldwide.
Our taxation client service partners and the firm itself are registered tax agents and as such are bound by a statutory code of Professional Conduct.
Under this code you must provide all information and documents relevant to the proper performance of the work at the outset of the engagement and during the engagement. This includes promptly advising us of anything that occurs subsequently to render information already provided misleading or incomplete, or advising of any change in your circumstances relevant to the work.
If during the engagement you become aware of any conflict of interest or potential conflict of interest or there is a change of circumstances which may result in a conflict, you must advise us. Events which may give rise to a conflict of interest or potential conflicts during the engagement include events affecting you, such as deaths, matrimonial disputes as well as litigation (threatened or actual) or changes in the nature or structure of your business or your business relationships.
There are provisions in the Taxation Administration Act 1953 that provide you (as from 1 March, 2010) with “safe harbours” from administrative penalties for incorrect or late lodgement of returns if, among other things, you give us “all relevant taxation information” in a timely manner. This means that it is to your advantage to give us all information necessary for us to do the work.
While the work is within our knowledge and skills, any changes to the work may necessitate making new arrangements with you.
We will act in your best interests but like all citizens, we must comply with the law, even where that may be contrary to your interests. For example, we must comply with certain statutory notices from the Australian Taxation Office (ATO), which may require payment to it of money we are holding on your behalf, or the production of documents or information.
As noted earlier, you must provide all information and documentation which we should take into account in applying the taxation laws. Any failure by you to provide all such information and documentation, both voluntarily and in answer to our questions, may affect your ability to access the safe harbour provisions and will be taken into account when assessing our obligations under the law.
Our obligations under this principle are also limited to the extent of any disclosure by us in this brochure of specific specialities, skills, or lack thereof, or other limitations.
We will separately account to you for all money and other property received from you or for you other than money received from you in payment of our fees for services already rendered.
Subject to the law, we must not disclose any information relating to your affairs to a third party without your consent.
The taxation laws confer on you certain rights (such as to challenge a decision of, or an assessment issued by, the ATO) but also impose obligations on you (such as the keeping and retaining of adequate and accurate records and the filing of relevant returns with the ATO within the required time limits). We will keep you informed on specific rights and obligations under the taxation laws that become relevant from time to time during the course of the work we perform for you.
