Privacy Policy.
1. Introduction
Westrade Australia (ABN: 29 160 188 741) is committed to protecting your privacy in accordance with the Australian Privacy Principles (APPs) contained in the Privacy Act 1988 (Cth). This policy outlines how we collect, hold, use, and disclose your personal information.
2. Information We Collect
To provide professional accounting and taxation services, we may collect:
- ✓ Full Name & Identity Docs
- ✓ Tax File Numbers (TFN)
- ✓ Financial Statements
- ✓ Superannuation Details
3. How We Use Data
Your data is exclusively used for lodging tax returns, preparing financial reports, or business advisory services. We only share information with authorized agencies like the ATO or ASIC when necessary for your compliance.
4. Digital Security
We employ enterprise-grade encryption for all digital records. Our cloud-based systems utilize Multi-Factor Authentication (MFA) to ensure that your sensitive financial history remains private and secure.
5. Data Retention
As required by the Income Tax Assessment Act, we retain financial records for a period of up to 7 years. Once no longer required, data is permanently destroyed using secure electronic deletion or physical shredding.
Contact Our Privacy Officer
If you have any questions or wish to access your records, please contact us at: