Client Engagement Agreement

Client engagement agreements serve multiple purposes as a legally binding contract between parties, none more so than the provision of financial services to protect all concerned parties. NJM & Co ("Company") must engage a legal contract between clients in order to meet ATO legislative compliance for the provision of tax services as a BAS services provider. The agreement is a basic form of legal contract which outlines the following points:

• Scope of Engagement - outline of services provided.
• Our Services - outline of what we can and will provide.
• Your Responsibilities - what you must do in order for company to meet legislative and legal policy deadlines.
• Technical Support & Assistance - our support arrangements to meet both parties needs.
• Our Fees - outline the agreed costs for services.
• Expenses - provision for any out of pocket expenses incurred, both client or company.
• Payment Terms - client terms to meet payment for services.
• File Retention - who owns the file until payment made.
• Termination - how either party may terminate the services.
• Privacy - information privacy, both personal and financial.
• Directors Guarantee - firm owner guarantee's strict payment.
• Conclusion - finalise aspects and both parties sign legally binding contract.

All bookkeepers who provide BAS services will be required to enter such an agreement in accordance with upcoming changes to ATO policy. This agreement is not a company protection policy, it is a firm agreement between both parties to ensure both the client and company are protected under applicable laws and legislation.

NJM & Co Financial Solutions Pty Ltd use Macpherson+Kelley Lawyers to construct and maintain all legal contracts ensuring company and clients are constantly protected as taxation laws change.