Shortly you will be receiving a letter regarding our Audit Shield service, which we continue to offer to each of our individual, business and Self Managed Superannuation Fund clients.
The Audit Shield service provides for the payment of professional fees incurred as a result of you being selected for an audit, enquiry, investigation or review (audit activity) by the Australian Taxation Office (ATO) or other relevant government revenue agency.
The cost of being properly represented in these matters can be quite considerable depending on the length of time involved. Our Audit Shield service provides a fixed, cost effective solution to guard against these unbudgeted costs.
The ATO, along with other federal and state agencies have unprecedented access to taxpayer records, allowing them to specifically target previously unreviewed tax returns. Now more than ever you could be at risk of audit activity.
For further information regarding Audit Shield, please talk to us.