Terms and Conditions

Income Tax Guru is pleased to present our basic terms and conditions of business (the “Terms”), which, in conjunction with our Engagement Letter (together referred to as “this Agreement”), govern all services provided by Income Tax Guru for this engagement. In the event of any inconsistency between these Terms and our Engagement Letter, the terms of the Engagement Letter shall prevail.

For the purposes of these Terms, “Income Tax Guru” includes its partners, employees, and all related entities.

Our Services

Income Tax Guru is committed to delivering professionally managed taxation solutions, tailored to meet your individual and business needs. Our dedicated team offers unparalleled taxation advice, ensuring compliance with the latest tax laws and regulations while optimising returns.

Your Obligations

By engaging Income Tax Guru’s services, you agree to adhere to the following obligations:

Payment: You agree to compensate the Income Tax Guru for services rendered in accordance with this Agreement.

Information Provision: You will promptly furnish Income Tax Guru with all necessary information required for the efficient performance of services, including access to relevant personnel, records, technology, and premises.

Accuracy of Information: Income Tax Guru may rely on the accuracy of information provided by you or on your behalf without independent verification.

Reliance on Advice: You acknowledge and retain responsibility for any reliance placed on advice or recommendations supplied by Income Tax Guru during service delivery.

Notification of Changes: You undertake to promptly notify the Income Tax Guru of any changes occurring after the provision of information, which may render such information inaccurate, unfair, or misleading. Upon request, you will take necessary steps to rectify any related announcements, communications, or documents.

Confidentiality

Both parties acknowledge that during the engagement, they may come across proprietary or confidential information belonging to the other party. Both parties agree to maintain strict confidentiality regarding such information and not to disclose it except as required by law or regulatory bodies, or necessary to protect their legitimate interests.

Staff

During the provision of services and for a period of six months thereafter, you agree not to extend any offer of employment to any partner or employee of the Income Tax Guru who was involved in the provision of services without prior consent from the Income Tax Guru.

Benefit of Advice

Any advice or opinion provided by Income Tax Guru regarding the services is solely for the benefit of the client and may not be disclosed to any third party without prior authorisation. Additionally, any oral advice or presentations should be confirmed in writing by the Income Tax Guru before reliance is placed on them.

Fees, Expenses, and Payment Terms

Income Tax Guru’s fees are outlined in the engagement letter and are exclusive of any applicable taxation needs. Clients are responsible for paying all fees and out-of-pocket expenses incurred in connection with the engagement within the specified time frame. Failure to make timely payments may result in additional charges and interest.

Problem Resolution

Clients are encouraged to communicate any concerns or complaints regarding the services provided by Income Tax Guru. Disputes will be addressed promptly, and if necessary, alternative dispute resolution methods will be pursued before legal action is taken. Income Tax Guru reserves the right to suspend services in the event of unresolved disputes or unpaid fees.

Termination of Agreement

Either party may terminate the agreement if the other party breaches its obligations, becomes insolvent, or if services are suspended for an extended period. Termination will be effective upon written notice, and both parties agree to settle any outstanding payments promptly.

Limitation of Liability

Income Tax Guru limits its liability for any loss or damage suffered by the client concerning the services provided. This limitation applies unless otherwise required by law and is deemed fair and reasonable given the nature of the engagement.

Indemnities

The client agrees to indemnify Income Tax Guru against any losses, claims, or expenses arising from the client’s breach of the agreement or provision of false or incomplete information. Income Tax Guru will not be liable for losses resulting from the client’s actions or information provided by the client.

Privacy

Income Tax Guru is committed to complying with privacy laws and will handle personal information in accordance with the Privacy Act 1988. Clients are responsible for informing Income Tax Guru if stakeholders are not aware of the collection, use, or disclosure of their information.

Force Majeure

Income Tax Guru will not be liable for any failure or delay in performance due to circumstances beyond its control, including but not limited to natural disasters, war, or government directives. Efforts will be made to mitigate the impact and resume services promptly.

Governing Law and Jurisdiction

The agreement and engagement with Income Tax Guru are governed by the laws of the relevant state or territory. Any disputes will be subject to the exclusive jurisdiction of the courts in that jurisdiction.

Variation

Any variations to the agreement must be confirmed in writing by authorised signatories of both parties or accepted electronically as part of updated terms and conditions.

Reliance on Advice

Clients acknowledge that advice provided by Income Tax Guru is for their sole use and should not be disclosed to third parties without proper authorisation. Clients agree to indemnify Income Tax Guru against any claims arising from the breach of this provision.

Confidentiality & Privacy Policy

Income Tax Guru will treat all information obtained from clients confidentially and will only use it for providing tax services unless required by law or regulation. For further details, clients can refer to Income Tax Guru’s Privacy Policy.

Intellectual Property

Income Tax Guru retains ownership of intellectual property rights in the services provided, while clients retain ownership of their data. Clients grant Income Tax Guru a license to use their data for providing services.

Access Conditions

Clients must maintain the security of usernames and passwords for accessing services provided by Income Tax Guru. Clients must not attempt to undermine the security of the system or misuse the services in anyway. Income Tax Guru will not be liable for any unauthorised access or misuse of the services.

This agreement outlines the terms and conditions governing the provision of taxation services by Income Tax Guru. Clients are advised to review and understand these terms before engaging the services. In case of any doubts you can contact us.