Tax Audit Insurance
With the ATO heavily monitoring SME’s in this economic climate, the risk of a random Audit is a growing reality faced by all business owners and one which can bring significant time and cost should you be selected for audit. This expense can be easily avoided by having Audit Insurance.
Hogg Lawson provide the option to all clients, to participate in Tax Audit Insurance.
This insurance is provided by Audit Shield and underwritten by AAI Limited trading as Vero Insurance (a subsidiary of the Suncorp Group Limited). The policy covers professional fees up to a prescribed limit for auditing requests from the ATO or any other government agency e.g. Payroll Tax.