Provided by your accountant, Audit Shield provides for the relief from payment of professional fees, up to a prescribed amount that are incurred in the event you are selected for an audit, enquiry, investigation or review (audit activity) instigated by a relevant government revenue agency throughout
Australia, New Zealand and Canada.
The cost of being properly represented can be quite considerable depending on the circumstances. Even a simple audit or investigation can require hours of work.
Audit Shield provides a fixed, cost effective solution to guard against these unbudgeted costs.
With this in mind, contact your local accounting firm to see if they offer Audit Shield or alternatively click the ‘Enquiry Form’ button below to obtain more information.
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Plans to Boost Wealth Super Tax Scaled Back
The original idea aimed to double the tax rate on earnings from super balances over $3 million. This was designed to limit generous tax breaks that mainly benefit high-income earners. While only about 80,000 Australians currently have accounts above that…
Inland Revenue Cracks Down on Unpaid Tax
After years of flexibility during the pandemic, the department is stepping up efforts to collect overdue payments and close a growing tax debt gap. IR has sent out tens of thousands of notices warning that deductions could be made from…
Revenue Agency Under Scrutiny for Service Issues
The review found that only a small fraction of people seeking help from CRA call centres received the correct answers to their tax-related questions, while many others faced long wait times and inconsistent guidance. For many Canadians, the CRA is…