Audit Shield is a tax audit insurance program that allows businesses to protect their company in the event of a government audit. More than 2500 firms in Australia, New Zealand and Canada use Audit Shield, while WLP Accountants has assisted a large number of our clients to enrol in this valuable service.
Audits are a costly process, even if there are no required adjustments after completion. Many firms face significant financial expenses, which can compromise the budget for a small and mid-sized company. Audit Shield can protect against those expenses in exchange for a modest fee.
Enrolling in Audit Shield is a straightforward process. If you already have an account with WLP Accountants, we can automatically enrol your business in the program. It will require no extra work on your part.
New clients may submit an online form or contact our offices in Taree or Forster
. We can go over the specifics of registering for Audit Shield while discussing any tax, audit, financial or business services you may require from WLP Accountants.
Audit Shield is a broad service that covers individuals, businesses and self-managed superfunds against audits, inquiries, reviews, and investigations by the Australian government. There are no minimum claims or excesses, while Audit Shield covers against this year’s and previous years’ returns.
See the attached brochures for the types of audits and the cover provided.
Audit Shield can save small and mid-sized businesses in Taree and Forster significant sums of money. Even audits lasting a few weeks can prove costly, given the work our accountants must put into complying with the government’s demands. With Audit Shield, insurance covers those expenses.