Effective Date: 18 June 2025

1. Parties to the Agreement

This agreement is between you ("the Client," "you") and Tax Savers Pty Ltd (ABN: 46 650 717 981) ("we," "us," "our"). By engaging our services, you agree to be bound by these terms. This document, together with any Engagement Letter we provide, forms the entire agreement between us.

2. Acceptance and Term of Engagement

You accept these terms and commence this agreement when you instruct us to begin work, provide us with your documentation, or sign an Engagement Letter. This engagement will continue until the specified services are completed, unless it is terminated earlier according to the terms outlined in Section 10.

3. Scope of Our Services

We will provide you with professional accounting and taxation services with due care and skill. As detailed in our Engagement Letter, these services may include one or more of the following:

Taxation Compliance:

• Preparation and lodgement of individual, partnership, company, and trust Income Tax Returns with the Australian Taxation Office (ATO).
• Preparation and lodgement of Business Activity Statements (BAS) with the ATO.
• Preparation and lodgement of Instalment Activity Statements (IAS) with the ATO.

Payroll & STP Compliance:

• Processing and reporting of your employee/s pay runs to the ATO.
• Preparation and filing of Single Touch Payroll (STP) reports as required by the ATO.

Corporate Secretarial:

• Applying to the Australian Securities and Investments Commission (ASIC) to register a new company.

Software & Bookkeeping Setup:

• Initial setup of your company file in a nominated accounting software (e.g., Xero, QuickBooks, MYOB).

Important: Our role is limited to the services listed above. We will not conduct an audit or review of your financial statements unless specifically engaged to do so in a separate agreement. Our services rely on the information you provide, and we will not verify its accuracy unless it's explicitly part of our engagement.

4. Our Responsibilities

As your registered tax agent and service provider, we will:

• Provide the services in a professional and timely manner.
• Maintain the confidentiality of your information in accordance with the Privacy Act 1988 and our professional obligations.
• Keep you informed about the progress of the work we are undertaking for you.
• Advise you of your rights and obligations under taxation laws as they relate to our engagement.

5. Your Responsibilities and Obligations

To ensure we can provide our services effectively, you are responsible for:

• Providing Accurate and Complete Information: You must provide us with all necessary records and information required to perform our services in a timely fashion. This information must be, to the best of your knowledge, accurate and complete. We are entitled to rely on this information.
• Record Keeping: You are legally responsible for maintaining your own business and taxation records for at least five years.
• Reviewing Documents: You must carefully review all returns, reports, and other documents we prepare for you. You must confirm that they are correct before you authorise us to lodge them with the ATO or ASIC.
• Informing Us of Changes: You must promptly inform us of any changes in your business or personal circumstances that might affect your tax or corporate obligations.
• Final Responsibility: The ultimate responsibility for the accuracy of any document lodged rests with you. You are responsible for any tax liabilities, penalties, or interest charges that may be incurred.

6. Service Delivery and Use of Third-Party Services

To provide our services in an efficient and thorough manner, we may use various resources and technologies, including secure cloud-based software and third-party service providers.

• Disclosure & Consent: In the course of delivering our services, some tasks such as data entry or administrative support may be carried out by skilled staff members or contractors located outside of Australia. By accepting these terms, you provide your consent for your information to be accessed by these resources for the purpose of carrying out the services.
• Data Security: Your data security is a primary concern. All your information is stored on secure servers, and we ensure any staff or third-party provider we engage is bound by strict confidentiality and data security obligations that align with Australian privacy standards.
• Your Acknowledgement: You acknowledge that our use of these resources is essential to providing our services efficiently. If you do not grant this consent, we may not be able to provide our services to you.

7. Fees, Payments, and Billing

• Our professional fees will be outlined in our Engagement Letter or provided to you as a quote. Where a fixed fee is not specified, our fees will be based on the time spent by our professional staff at their standard hourly rates.
• All quotes are exclusive of GST unless stated otherwise.
• Invoices are due for payment within 14 days of the invoice date. We reserve the right to cease work if your account is overdue.
• Our professional fees are generally tax-deductible.

8. Confidentiality and Privacy

We are committed to protecting your privacy. We handle your personal information in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles. We will not disclose your confidential information to any third party without your permission, unless required by law or as detailed in Section 6 of this agreement.

9. Limitation of Liability

Our liability is limited by a scheme approved under Professional Standards Legislation. Further information on the scheme is available from the Professional Standards Councils' website: www.psc.gov.au.

To the extent permitted by law, our liability for any loss or damage arising from our services is limited to the amount of fees you paid for that specific service. We are not responsible for any penalties or interest charges imposed by the ATO that arise from delays or errors in the information you have provided to us.

10. Termination of Engagement

You may terminate our engagement at any time by providing us with written notice. We may also terminate the engagement if you breach these terms (including failing to pay our fees) or if a conflict of interest arises. Upon termination, you are required to pay for all work completed and expenses incurred up to the termination date. We reserve the right to retain your documents and records (a "lien") until all outstanding fees are paid.

11. Document Retention

We will store records related to your engagement for a period of five years after the completion of the work. After this time, we may securely destroy these files without further notice. Any original documents you provide will be returned to you.

12. Governing Law

This agreement is governed by the laws of the State of Victoria, Australia. Both parties agree to the non-exclusive jurisdiction of the courts of Victoria.