Tax Audit Insurance
While running a business, the likelihood of a random audit is quite high. Dealing with official enquiries could also lead to additional stress. This could result in writing-off billable hours, eventually adding more expenses and resulting in loss of valuable time.
Having a a Tax Audit insurance comes with numerous advantages including client insurance in case of audits, accessible and cost-effective protection, streamlined process saving time and money as well as protecting your business against the financial implications of audits.
Our Tax Audit Insurance provides coverage across various scenarios including:
Audits by the Australian Tax Office (ATO), federal and state governments
Coverage for both public and private entities, including Self Managed Super Funds
Accountancy fees associated with responding to inquiries, questionnaires, audits, reviews, and investigations
No excess legal or accountancy fees incurred during audits, including during legal defense and appeal