Audit Insurance by Audit Shield
Are you protected?
What is the Audit Shield service?
Our Audit Shield service provides for the payment of professional fees incurred in the event that you are selected for an audit, enquiry, investigation or review instigated by the Australian Taxation Office (ATO) or other relevant Australian Government authorities.
The cost of being properly represented can be quite considerable depending on the circumstances. Even a simple enquiry can require hours of work.
What does Audit Shield cover?
All professional fees up to a prescribed limit (with no excess) are covered when you engage us in audit activity matters. Our fees, in addition to legal fees, bookkeeping fees and other specialist professional advisor fees required to assist us in our responses, are covered. Audit Shield is retrospective so long as the cover is in place before an ATO Audit, and all previously lodged returns are also included in the coverage.
Income tax, GST and BAS, PAYG Withholding, Fringe Benefits Tax, Land Tax, Stamp Duty, Work Cover and Self Managed Super Funds (SMSFs) are just a few items included in the extensive Audit Shield coverage!
Is Audit Shield right for you?
All of our clients can take advantage of Audit Shield. Different levels of cover are available for salary and wage earners, businesses and SMSFs.
Anyone can be targeted, even if their lodgments are accurate. It is not a reflection on the quality of work from your accountant. With this in mind, we offer you the opportunity to protect yourself with Audit Shield.