Robins Accountants has taken out “Audit Shield”, an Audit Insurance to protect from the professional fees incurred in preparing all relevant documentation and responses to Government Agencies such as the Australian Taxation Office and Centrelink, who continue to announce significant increases to their audit activity. and are now conducting random audits on individuals, businesses and Self Managed Superannuation Funds. Even if there are no adjustments to the return, there would still be costs associated in the preparation of material for the Government Agency involved.
This cover does not automatically extend to you, however we can add your account upon payment to the list of clients participating in our Audit Shield Service. In the event that you are subject to an audit, review or investigation, we will then seek to claim our fee from the insurance company.
This is not a compulsory Insurance that you must take out, but please note that we believe it to be completely worthwhile and great value for money. Any audit work undertaken by us will be charged a rate of $250 +GST per hour so it makes sense to have this insurance to cover this possibility.
Please do not hesitate to contact your accountant or tax consultant to discuss this service with you on either 3822 5566 or email email@example.com