Privacy Policy

We understand the importance of protecting the privacy of personal information. In handling personal information, we will comply with the Privacy Act 1988 (Cth) (Privacy Act), as amended from time to time.

We collect, use, disclose and store personal information in accordance with our privacy statement, a copy of which is available on request or may be viewed on our website ztax.com.au.

Generally, we collect and use personal information for the purposes of providing professional services to you. We may also use your personal information for the purpose of providing marketing and training information to you. Please let us know if you do not want to receive this information.

To provide services to you, we may disclose your information to third parties engaged to perform administrative or other services. Any such disclosure is always on a confidential basis. We may also disclose your information if required or authorized by law.

Before you disclose personal information to us, whether that information relates to you or someone else, you should make sure that you are entitled to disclose that information.

If you become aware of any breach or alleged breach of privacy laws concerning the information that you disclose to us, you must notify us immediately.

From time to time we may request information from you in order to meet our obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (AML/CTF Act).

Where we provide a designated service, we are a reporting entity under the legislation and as such must meet stringent identification and verification requirements.

This means that, before providing you with a service we must make sure you are who you say you are by collecting information to identify you or any agent acting on your behalf and taking steps to verify this information.

We will maintain all information collected in a secure manner in accordance with the relevant privacy principles and the AML/CTF Act. We will only disclose information about you where we reasonably consider that we are required to do so under Australian law.

This means that your identification information may be disclosed to government agencies or law enforcement agencies.

All company records must be kept for a period of seven (7) years under the Corporations Act. All records relating to income tax matters must be kept for a period of five (5) years from the date of the income tax assessment to which the record relates.

Certain records relating to income tax matters must be kept for a period longer than five (5) years, depending upon the nature of the transaction (e.g., Capital Gains Tax assets or depreciating assets).