News and insights

Back to news and insights

News-Article-Featured-Image

Audit Shield Insurance

KSG has recently issued Audit Shield Insurance forms to all our clients. If you wish to take advantage of this product please return your paperwork to KSG before 30/11/2014 for processing.

Not sure if Audit Shield Insurance would be beneficial to you? Below is some additional information which may help in your decision making process.

What is Audit Shield?

Audit Shield provides for the payment of professional fees, incurred by a client, when audits, reviews or investigations of lodged returns are initiated by the ATO, federal and state agencies. The product covers our clients against audit costs from a basic phone enquiry to a complete audit of lodged returns with the ATO, Federal and State Agencies; and extends to bringing in taxation specialists such as a tax lawyer, if required.

Why Audit Shield?

  • It provides a policy structure that allows for extremely competitive rates.
  • It can cover all your legal entities under one premium.
  • It covers previously lodged returns.

What does Audit Shield cover?

Audit Shield can cover audits, reviews and investigations of lodged returns relating to the following*:

  • Income Tax
  • BAS and GST
  • Record Keeping
  • Fringe Benefits Tax
  • Capital Gains Tax
  • Superannuation Compliance
  • Superannuation Guarantee
  • Payroll Tax
  • WorkCover
  • Workers Compensation Audits
  • Workplace Ombudsman Audits
  • R & D (ATO related) and
  • Much more

*Subject to terms and conditions of the policy

Audit Shield Insurance is tax deductible and underwritten by AAI Limited trading as Vero Insurance.

If you would like more information about Audit Shield Insurance or would like to take up a policy please contact your KSG Account Manager on 02 9406 5900.

Share this article.

Other News

Newsletter – August 2023

News and insights Back to news and insights In this edition we discuss: Why is…

read more

Newsletter – July 2023

News and insights Back to news and insights In this edition we discuss: The 120%…

read more

2023 Personal Income Tax Return Checklist

News and insights Back to news and insights Download our personal income tax checklists for…

read more