Audit Insurance

Responding to a tax audit is costly, time consuming, and stressful (the Taxation Office would say that you should only be stressed if you have something to conceal – but that ignores just how intimidating to many the Taxation Office is).

So when a taxpayer is told they are about to be audited they feel somewhat disturbed.

It is not just the disruption an audit causes- it is also the cost.

This is a particularly painful burden to have to bear if at the end it is shown that the Taxation Office audit came to naught.

And don’t assume that these costs are immaterial. They have a capacity to add up. The Taxation Office is often like a dog with a bone; once the Taxation Office decides to pick on a taxpayer it is reluctant to let go.

So it is only natural that taxpayers might seek audit insurance against both the costs of complying with a Taxation Office audit and as some kind of a reward if they find themselves being unlucky enough to be subject to a Taxation Office audit.

We can assist you with Audit Insurance- give us a call today for a fee estimate.

Bottrell Group

See Full Bio