Our Core Security Philosophy: Local Parsing Processing

By architectural design, taxoffset.ai minimizes data persistence. Unlike legacy accounting packages that permanently hoard years of bank credentials, statements, and raw transaction lists on active cloud servers, our optical OCR models parse financial files and extract ledger tables locally or in highly isolated ephemeral sandboxes.

Once parsing completes, raw files are immediately purged or held strictly in encrypted local browser databases depending on your preference. We calculate, we do not hoard.

1. Scope and Australian Privacy Principles (APPs)

taxoffset.ai (operated by the legal entity detailed in the footer, hereinafter "we", "us", "our") is committed to protecting your personal and financial information. We strictly comply with the Privacy Act 1988 (Cth) and the thirteen Australian Privacy Principles (APPs) governing the collection, use, disclosure, storage, and correction of your personal data.

2. Types of Information Collected

To run 1,000+ Monte Carlo tax-offset simulations and structure ATO-compliant logbooks, we process:

Financial Statements and Invoices: PDF or CSV metadata containing bank transactions, interest payments, supplier names, and gross totals.
Account Profiles: Your business entity name, ABN, bracket estimates, and tax structures (e.g. Sole Trader, Company, Family Trust).
Contact details: Email addresses and basic metadata required to authenticate logins.

3. Methods of Processing

We process transaction files strictly using high-grade TLS 1.3 transit encryption. The extraction happens through isolated worker threads that parse PDF records, map transactional arrays against hardcoded tax act logic (FBT statutory formulas, Division 7A benchmark interest rates, PSI parameters), and feed calculations back to your browser screen.

Raw uploaded assets are strictly excluded from deep-learning training pools or unverified third-party models. Your numbers are yours alone.

4. Disclosures & Third-Party Transfers

By law, we do not sell or trade your financial metadata to corporate brokers or external credit scoring groups. Data is only transferred:

To secure, ISO-certified local processing endpoints to execute mathematical OCR parsing.
Where strictly compelled by Australian law, regulatory bodies (such as the ATO), or enforceable court orders.

5. Data Retention, Security & Encryption Standards

We employ enterprise-grade security protocols, including AES-256 at-rest databases for account configurations and secure TLS in-transit protocols. You may request immediate account purging at any time. Under Australian Privacy Principle 11, we take active steps to destroy or de-identify personal info once it is no longer required for business operations.

6. Your Rights (Access and Correction)

Under APPs 12 and 13, you have a statutory right to request access to any personal information we hold about you and to seek corrections where records are incomplete or inaccurate.

To lodge an inquiry, access your ledger records, or request a complete wipe, contact our privacy officer at hello@taxoffset.ai. We will respond within 30 days.

Privacy Policy