Confirm your engagement with your clients to increase efficiency and disputes.
Should you provide an engagement letter to your clients? Accounting practices are increasingly becoming difficult to manage. One of the most underutilised tools for ensuring efficient practice is engagement letters.
An engagement letter is the primary document that sets out the ongoing relationship between a tax practitioner and the client. Generally, the engagement letter includes a mutual understanding, clarifies the responsibilities of the practitioner and the client and, most importantly, confirms the tax practitioner's appointment.
Tax practitioners are constantly drowning in regulatory updates and compliance. Managing client's expectations and keeping up to date with legislative changes can be difficult, and often, one comes to the detriment of the other. Engagement letters are useful in:
Currently, the Tax Practitioners Board provides that engagement letters are not mandatory under the Tax Agent Services Act 2009. The TPB highly recommends the use of engagement letters to assist with client management and prevent any misunderstandings.
An engagement letter is the primary document that sets out the ongoing relationship between a tax practitioner and the client. Generally, the engagement letter includes a mutual understanding, clarifies the responsibilities of the practitioner and the client and, most importantly, confirms the tax practitioner's appointment.
We provide high quality documentation which is carefully drafted by our in-house lawyers. Other firms provide out of the box solutions for all clients, here at Abbots we provide tailored documents based your needs. We invest time in ensuring all documents are current and compliant.
We provide a premium service. We understand that each client has individual requirements and as such we tailor our service to ensure you are creating your documents in a timely and accurate manner. We pride ourselves on going the extra mile to ensure our clients are satisfied.
Our innovative platform allows for your documents to be created within minutes. Our easy online ordering system allows all your procedures to be stored indefinitely for you to download when you require.
For over three decades Abbots has remained the most competitive provider of legal documentation. We constantly review our costs and ensure that our clients are not paying more than they have too.
We provide integrations with our partners which makes ordering easier. Integration with BGL allows company file data to be exported into your software from the minute your company was incorporated.
We provide an easy ordering process that ensures our clients can efficiently place orders. Clients can also submit handwritten orders. All forms are easily accessible under our resources tab.