Relevant Trading Terms
For convenience we have decided to publish our trading terms. These are split into the following categories:-
- Standard trading terms
- Policy in relation to engagement letters
- Standard training services engagement letter
- Conditions and caveats on our advice
- Specific terms relating to telephone advisory services
- Standard advice record
All of these terms and conditions can be downloaded from our website in “pdf” format by clicking the respective buttons above. Because we provide advice by various methods, i.e. email, telephone, face to face and / or in writing, we have some very specific terms of trade and these are detailed in the attached documents. We stronglyrecommend that any clients using our consulting services download and become familiar with these terms.
Professional Indemnity Insurance
As a firm operating under the “Institute of Chartered Accountants” designation and as a registered tax agent, we are required to carry professional indemnity insurance. Whilst all care is taken and due diligence is exercised, the level of coverage of the firm is $1 million per event or claim. Clients, upon engaging our firm and/or members of our staff (acting for the firm), should be aware that we expressly limit our exposure for any claims made against this firm and its staff, to this $1 million limit to the extent it is possible under law to place this restriction on such claims.
Gustax Consulting Pty Ltd operates under the limited liability scheme offered by the Institute of Chartered Accountants in Australia (Victorian Division) and carries professional indemnity insurance cover of $1 million under that scheme. This is the maximum extent of our exposure under this scheme (the actual exposure is capped at ten times the actual fee charged) and no claims in excess of the coverage provided by this scheme will be recognised by Gustax Consulting Pty Ltd or its officers.