Keeping recordsIt is important you keep records for seven years. Your business records should include: banking information, proof of income, expenses, cash books and wage books.
Authorisation
To carry out our professional obligations effectively whilst complying with the Privacy Act, we need your authorisation to act on your behalf in respect of communications with the Inland Revenue Department.
Debtors Policy
Our Debtors policy is as follows:
Fees one month overdue will receive a reminder letter followed by a phone call
Accounts with fees two months overdue will be placed on stop-work until all outstanding fees are paid
Materials that you provide to us remain yours and will be returned to you when the work is completed, which you need to keep for 7 years. Work papers that we create remain our property. We will store tax records that we hold on your behalf for a period of 7 years after the applicable balance date. At the end of that period, unless you ask us to send that information to you, the records will be destroyed using a secure document destruction service.
Information and Disclosure
Information we obtain in the course of this engagement is subject to confidentiality requirements, in addition to our obligation under the Privacy Act 1993.We will not disclose that information to the other parties, without your express consent, except as required by law or professional obligation.