What is Audit Shield service?
What is the benefit of the Audit Shield service?
Will my accounting fees be covered in the event of an audit, investigation, or review?
What audits, enquiries, investigations and reviews are covered?
R & D Tax Incentive (ATO Only)
Employer Obligation Reviews
SMSFs (cover available separately)
Fringe Benefits Tax
Plus many other lodged returns
What professional fees are covered?
What is not included?
Activity where notification was given prior to the inception of cover or your confirmation of participation.
If the ATO auditor imposes final culpability/shortfall penalties of 75% or more, and/or the return is deemed to have been fraudulently lodged.
Actions in regard to letters from any authority that are educational or advisory in nature or merely suggest, invite or propose actions to be taken by you; or act as a warning to you that you may be selected for an audit at a future time; or do not compel you to take any action.
Punitive costs (e.g. penalty tax, costs, interest or fines).
Costs for work incurred which should have been undertaken prior to the audit activity (e.g. outstanding lodgements).
Any matter in relation to applications, assessments or reviews of government benefits or entitlements.