Home > Employment Sectors > Public Practice > Managing Your Practice > General tax letters

General tax letters

Standard letters for public practitioners to use in corresponding with their clients in general taxation matters.

Sample terms of engagement documents

Example engagement documents to guide practitioners on preparing an engagement letter and a brochure-type engagement document.

Small business framework letter

Draft client letter explaining the recent amendments to the small business framework as a result of the enactment of the Tax Laws Amendment (Small Buisness) Act 2007.

Division 7A concessions

Draft client letter advising of changes to Division 7A of the Income Tax Assessment Act 1936, enacted through the Tax Laws Amendment (2007 Measures No. 3) Act 2007, which took effect from 1 July 2006.

Tax planning client letter

Draft client letter explaining the recent taxation changes announced in the May 2007 Budget and the effective tax planning opportunities available before year-end.

Service entity client letter

Draft client letter explaining the ATO's updated position on service trusts and the potential impact on their arrangements.

Ethical clearance letter and checklist on acceptance of engagement

Draft letter and checklist to the ex-accountant of a new client requesting ethical clearance and for relevant client records / documentation to be forwarded.

Ethical letter — response to accountant

Draft letter responding to the accountant of an ex-client who requested ethical clearance.

Notice of running balance account

Draft client letter enclosing a running balance account statement from the ATO and advising to pay this amount to avoid further general interest charges.

Superannuation guarantee obligations standard letter

Draft client letter confirming an employer's obligations under the superannuation guarantee scheme in light of increased ATO audit activity.

Superannuation changes client letter

Draft client letter explaining the recent superannuation changes effective 1 July 2007.

Residential rental properties standard letter

Review of effective lives of assets for residential properties standard letter — draft client letter advising of recent review and changes to the effective lives of various depreciating assets acquired from 1 July 2004 for residential properties.

Salary packaging review standard letter

Draft client letter advising of benefit in reviewing salary packaging arrangements in light of the tax threshold changes.

At-call company loans standard letter

Draft client letter that explains the latest debt / equity rules and the carve out rules for small businesses.