TAX (FINANCIAL) FINANCIAL ADVICE VS. TAX AGENT SERVICES
Financial Force is registered by the Tax Practitioners Board to provide a tax (financial) advice service, which is the provision of advice around how taxation laws (including tax and superannuation) interact with the financial advice and services provided to you across the areas of advice listed in the preceding paragraphs.
Financial Force is not a Tax Agent Service and cannot provide you with services to assist you in completing/ filing tax returns, claiming entitlements from the Australian Taxation Office, or liaising with the ATO on your behalf. Where requested, we can refer you to an accountant for these services
There is no ownership of Financial Force Pty Ltd by any financial institution, nor does Financial Force own or distribute any of its own financial products.
TAX FILE NUMBERS
Financial Force and licensors collect and uses tax file number (TFN) information for the purposes of placing investments, and opening accounts (including superannuation accounts) for you. You are not required to disclose your tax file number to us, however if you do not you may then be liable for TFN Withholding Tax.
PROFESSIONAL INDEMNITY INSURANCE
Financial Force Pty Ltd holds Professional Indemnity Insurance in accordance with s912B of the Corporations Act 2001 (as amended). This insurance is designed to protect our clients in the event of a loss from an error or negligence on behalf of Financial Force Pty Ltd or its employees. This policy does not cover losses from normal market movements.