Audit Shield Insurance

Inland Revenue (IRD) is increasing the number of audits, enquiries, investigations and reviews (audit activity) on filed returns. Depending upon the nature of the review it can be an expensive process. There is a solution to the potential cost, Audit Shield. Audit Shield is comprehensive tax audit insurance which covers the professional fees (up to the prescribed limit) incurred as a result of audit activity instigated by IRD.

Benefits of Audit Shield

The cover is retrospective. Therefore the cost of all eligible audits, enquiries, investigations and reviews of your returns, irrespective of which year they were lodged, are included
Specialist fees are included. This includes tax experts, lawyers or other specialists that you have engaged in relation to an opinion or defence.
All your businesses are covered under one single annual fee.
Payment is tax deductible.