06 Apr 2020
COVID-19 Government announces essential workers leave scheme
On 2 April, the government announced an essential workers leave scheme. Broadly, this scheme expands...
Audit Shield
Audit Shield is an optional Tax Audit Insurance designed to cover professional fees incurred if you are selected for an Inland Revenue audit, enquiry investigation or review.
The cost of being properly represented can be quite considerable depending on the circumstances. Even a simple enquiry can require hours of work. Our Audit Shield Master Policy provides a fixed, cost effective solution to mitigate these unbudgeted costs.
What is covered?
All professional fees, up to a prescribed limit (with no excess) are covered when you engage us in audit activity matters. When you choose to participate in our Audit Shield Master Policy you will receive the following benefits, plus more:
- Protection from any unplanned professional fees resulting from audit activity.
- A cost effective solution when compared to a standalone policy.
- Retrospective cover, so all previously lodged returns are included.
- The assurance that you are covered during a stressful situation.
- Payment for your participation is tax deductible if you are in business or self employed.
Is it right for you?
All of our clients are invited to participate in our Audit Shield Master Policy. Different levels of cover are available for salary and wage earners and businesses with turnover under $100 million.
Anyone can be targeted, even if their lodgements are accurate. Data matching capabilities are profound, and are increasing the level of audit activity of both compliant and non-compliant taxpayers. With this in mind, we offer you the opportunity to protect yourself with Audit Shield.
Want to know more?
Contact your advisor for more information.
Services
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Tax
27 Mar 2020
Tax Talk | Further relief package details
Now that more information is available, we hope that this issue of Tax Talk will help answer some of...
26 Mar 2020
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26 Mar 2020
COVID-19 wage and leave package update | Tax Talk
In the last few days, the government has updated their relief package and further clarity has been provided...
26 Mar 2020
COVID-19 Frequently Asked Questions
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20 Mar 2020
COVID-19 decision making tools
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18 Mar 2020
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18 Mar 2020
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18 Mar 2020
Ask an expert GST and ADLS
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17 Mar 2020
Tax Talk | March 2020 | Government to the Rescue!
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05 Feb 2020
Growth spurs six senior appointments at Baker Tilly Staples Rodway
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06 Dec 2019
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21 Nov 2019
Tax Talk | Update for Overseas Owned Businesses
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07 Nov 2019
Tax Talk - GST On Low Value Goods
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18 Sep 2019
Residential rental losses now restricted
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18 Sep 2019
Tax pitfalls: Airbnb, boarders and short-stays
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18 Sep 2019
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09 Aug 2019
Tax Talk Bites | August 2019
In tax talk bites, we briefly comment on items of interest to readers.
12 Jul 2019
Ask an expert
How can I fix an error in my tax return? Can I just amend it in my next tax return?
09 May 2019
Tax Freedom Day 2019
Despite the passionate debate around taxation in recent months, overall Kiwis will actually pay a day’s...
16 Apr 2019
Tax Talk Bites | April 2019
In tax talk bites, we briefly comment on items of interest to readers.Inland Revenue to be closed from...
31 Mar 2019
Coming from behind to win
A classic example of this is a client of mine – Malcolm Brown. The first time I met Malcolm the thing...
30 Mar 2019
Capital gains tax - Myth or reality?
A reader asks: “ There has been a huge amount of publicity and commentary about the Tax Working Group...