Audit Insurance

The Australian Taxation Office (ATO) has been allocated substantial funds from the federal budget to increase tax compliance. In short, this means we expect increased tax audit activity. We have also continued to see a steady number of audits in the areas of payroll tax and workers compensation.

We have partnered with AuditCover to provide our clients with a quote for Tax Audit Insurance.

Benefits of AuditCover tax audit insurance

• AuditCover tax audit insurance will cover professional fees (up to a set limit) to assist in responding to an audit in the following areas:
• Income Tax.
• Capital Gains Tax.
• Land Tax.
• BAS/GST Compliance.
• Payroll Tax.
• Superannuation Guarantee.
• Workers Compensation.
• Fringe Benefits Tax.
• Stamp Duty.
• The cost of your policy is fully tax deductible.
• Previously lodged returns are covered automatically.
• The offering is optional.
• The policy starts from the day you make payment

To ensure that AuditCover is right for you, we recommend you read their policy wording for full details, terms, conditions, exclusions and definitions.

We kindly inform you that if you purchase this policy, we will receive a referral fee from AuditCover. This will not affect your premium.

If you have any questions, please feel free to contact AuditCover on 1300 895 797 or contact our office.