Tax Audit Insurance
It’s a safe bet to say that the term ‘tax audit’ rings alarm bells in all business owners’ ears. Even if your books are in tip-top shape, a tax audit can be stressful and disruptive for both your business and personal life.
Every year the Australian Taxation Office (ATO) shares a list of the types of business they will be focusing their auditing activities on for the coming year. Business owners that own rental properties or have a self-managed superannuation fund have a higher chance of being audited.
With the right tax audit insurance, you can reduce the potential costs of an audit for your business (and hopefully a little stress as well).
What is tax audit insurance?
Tax audit insurance covers a business for specific expenses and costs in the event of being audited by the Australian Taxation Office (ATO). Some examples of the costs that can be covered include accountant fees, tax agent fees and other professional fees. In most cases business owners hire a professional accountant or tax agent to assist with the audit, and their fees can be considerable. Tax audit insurance can reduce the financial and emotional burden of financing these fees.
Get a tax audit insurance quote today
Insurance HQ is a leading insurance broker with extensive experience working with SME businesses of all shapes and sizes. We have access to over 170 insurers in Australia and beyond, giving us the opportunity to find the right tax audit insurance policy for your business.
Give our brokers a call on 1300 815 344. You can also request a quote online.
Why choose Insurance HQ?
Insurance HQ is a friendly family-owned & run insurance brokerage.
We have been in the industry for over a decade and specialise in bringing our customers’ real service and insurance coverage they can count on.
How are we different?
We take all of the stress out of choosing cover as we know what policies offer genuine protection vs coverage that simply “sounds good”.
In the event of a claim, our multi-award winning team will take all the hassle and stress out of the process, handling the situation for you. With years of experience handling all forms of claims, there isn’t a scenario we haven’t heard or mastered the art of dealing with.
No one knows the industry better – we get our clients the best possible cover, for the best possible price and we fight for your best interest.
Beyond our customer service and our industry experience, we’ve spent many years building a strong rapport with insurers and negotiating competitive premiums.
With access to over 170 insurers and a friendly team who will take care of you, come and experience the Insurance HQ difference today