Tax Audit Insurance
With the tax office undertaking more audit activity than ever before, the chances of receiving an audit has increased dramatically. An audit requires a great deal of work to be undertaken by your accountant even if everything is in order, and your accountants will charge you for their time in working with the tax office on your behalf.
Tax audit insurance provides cover for your accountant’s expenses in completing the audit. The cover does not pay any fines or penalties that may arise from the audit.
The types of audit that cover can apply to are;
- GST Audit
- Payroll Tax Audit
- Stamp Duty Audit
- Income Tax Audit
- Superannuation Audit
- Workers Compensation Wage Audit
In recent times the tax office has moved to advising businesses of an “investigation” rather than the term “audit”. Its important that the cover extends to include investigations as well as audits as both will require work from your accountant.
At Austbrokers Southern, we listen, we act and we get the job done!
Austbrokers Southern is the South Coast’s leading Insurance Broker providing insurance for businesses and individuals for over 25 years. Austbrokers Southern, previously known as M and F Agencies is the South Coast's leading insurance broker.
Austbrokers Southern is part of the national Austbrokers Network, established in 1985.
Austbrokers significant growth has been largely achieved through the acquisition of equity in selected insurance broking and financial services businesses that allows individual brokers to retain a significant interest in their own broking business.
Austbrokers Southern will provide you with our individual commitment to always look after you, not only at the time of placing the insurance, but providing full support when you have a claim. This is when your insurance really needs to act.
We are known for our integrity and ethical dealings with our clients, insurance providers and colleagues within the Insurance Industry as a whole.