Tax Audit Insurance is worth adding

Tax Audit Insurance cover

The Australian Tax Office (ATO) predicts up to 15% of SMEs will be subject to the ATO's compliance program - including some form of tax audit. This is a time consuming and expensive affair that could leave clients with a bill for thousands of dollars.

Tax Audit Expense Insurance covers professional fees in addition to the regular fees you ordinarily pay your Accountant, that you get charged for when associated with audits and other official investigations including ATO Income Tax, Fringe Benefits and Capital Gains Tax audits, audits of WorkCover returns and Payroll Tax.

Some insurers offer extra protection to trustees of self-managed superannuation funds. 

We are able to buy this cover as a stand alone product, or you can add it into your Business Package Policy or even some Management Liability policies.

If you are an Accountant, we can also set up a scheme for your clients to access exclusively or arrange a policy to cover all your clients automatically which can be offered as an “add in” to use your firm as better value firm to deal with.

Read more about this product here

 

Latest News

CPR Insurance Services Awarded Authorised Representative Insurance Business of the Year for 2019

Mandy and Robert Cooper were proud to receive the inaugural Authorised Representative Business of the Year from ANZIIF in the Australian Insurance Industry Awards for 2019.

We share this award with all our staff, Lauren, Guy and Sarah and thank them for their dedication in providing the best possible customer service. We also thank our clients who have made our business what it is today. We thank you all so much.

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Finalist in the Insurance Industry Awards

We were pleased to be advised this week that we are a finalist in the Australian Insurance Industry Awards in the category of Most Outstanding Authorised Representative Business for 2019.

Our company very much appreciates the accolade and just being nominated is prestigious to us. The awards ceremony is in August and we will see how we go, but being in the Top 4 is a credit to our team who have worked tremendously hard in the last eight years.

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