Audit Shield Insurance Offering
You may have received over the past weeks an email regarding audit shield insurance which is one of our more popular optional services that we provide.
Our Audit Shield Master Policy is an optional tax audit insurance offering to protect you from incurring unexpected costs as a result of Inland Revenue audit activity. When you choose to participate in our Audit Shield Master Policy offering our accounting fees, in addition to legal fees, bookkeeping fees and other specialist professional advisor fees required to assist us in our responses to Inland Revenue are included (up to a prescribed limit).
Anyone can be audited. You could be next. Are you protected?
Inland Revenue continues to review or audit a vast number of lodged returns each year. You can be prepared with participating in our Audit Shield Master Policy. We recently had Inland Revenue undertake a review of a client's GST return due to the size of the refund that was due. We handled this review (including a meeting with Inland Revenue) entirely for the client and for a small annual premium our costs of just over $2,000 was fully paid for by the insurer leaving the client with receiving more than what they originally paid for the insurance.
If you wish to participate in the audit shield service all that is required is the payment of the invoice that was attached to the recent policy renewal email. If you do not wish to participate no further action is required as we will automatically assume you are not interested.
If you have any questions or require further information please do not hesitate to contact Fiona.
Our Audit Shield Master Policy is an optional tax audit insurance offering to protect you from incurring unexpected costs as a result of Inland Revenue audit activity. When you choose to participate in our Audit Shield Master Policy offering our accounting fees, in addition to legal fees, bookkeeping fees and other specialist professional advisor fees required to assist us in our responses to Inland Revenue are included (up to a prescribed limit).
Anyone can be audited. You could be next. Are you protected?
Inland Revenue continues to review or audit a vast number of lodged returns each year. You can be prepared with participating in our Audit Shield Master Policy. We recently had Inland Revenue undertake a review of a client's GST return due to the size of the refund that was due. We handled this review (including a meeting with Inland Revenue) entirely for the client and for a small annual premium our costs of just over $2,000 was fully paid for by the insurer leaving the client with receiving more than what they originally paid for the insurance.
If you wish to participate in the audit shield service all that is required is the payment of the invoice that was attached to the recent policy renewal email. If you do not wish to participate no further action is required as we will automatically assume you are not interested.
If you have any questions or require further information please do not hesitate to contact Fiona.
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