Terms & Conditions

1. The Service provides for the client, for a fee, a consultancy service in relation to Inland Revenue Department audits for a period of 12 months beginning date of payment of the annual fee and/or receipt by Tax Investigation Protection Services Ltd (TIP) of the duly authorised Consultancy Service Contract. For the purpose of clarity, the words referred to in the terms and conditions as “audit” and “investigation” has the same effect.

2. Payment will be by annual invoice and the Consultancy Service Contract will be renewed automatically from year to year on receipt of payment of the annual fee. Any increase in fee will be notified at least 14 days before renewal date. There are no refunds for client cancellation of the Service part way through a year. All fees are inclusive of Goods and Services Tax.

3. Inland Revenue Department Audits covered by the Service are:
(a) Inland Revenue Department examination of a taxpayer’s financial affairs verifying that the taxpayer has paid the correct amount of tax and is complying with the tax laws pursuant to the Tax Administration Act 1994. Each such "Audit" will be treated as having begun at the date of issue of the formal notice of Audit by Inland Revenue Department.

4. The TIP service will provide advice and assistance to the client and will respond to and generally deal with all aspects of a Audit with a view to a conclusion as soon as reasonably practicable and in a manner and with an outcome which in the opinion of TIP is beneficial to and gives rise to the least taxation payable by the client as is practicable in the circumstances.

5. Matters not covered by the consultancy fee are:
(a) Taxation interest and penalties payable as a result of the Audit or otherwise.
(b) Claims arising from or related to: Tax Avoidance Scheme(s) Any activities carried on outside New Zealand.
(c) Claims and/or audit current at the commencement of the service as it relates to the client.
(d) Legal or other professional fees other than those of TIP Consultants' own internal tax audit specialists and those expressively engaged by TIP.
(e) Fees and expenses of any witnesses.
(f) Claims arising from any conduct at variance with the advice of the client's professional or other advisers.

6. The Service delivered by TIP is a professional and personal advisory and support service requiring the availability of staff of the right calibre, and an advisor / client relationship based on mutual understanding. Accordingly TIP reserves the right in their absolute discretion:
• to decline representation and delivery of the service at the time of initial consultation in relation to a specific audit;
• to cease representation and delivery of the service where the client unreasonably refuses to follow TIP advice / recommendations.
• In either such case TIP will at its absolute discretion refund all or a fair proportion of the fees paid by the client since application to join the service or where appropriate, since the conclusion of its last Inland Revenue Department Audit.