Audit Protection Insurance

Not all tax audit insurance are the same! Focused Tax Solutions have the knowledge and expertise to ensure that you're covered when it matters.
Focused Tax Solutions is here to assist you to respond to an official audit, enquiry, investigation or review of returns lodged with the Australian Taxation Office (ATO) or other federal, state or territory government authority, agency or body.

The ATO, along with other federal, state and territory agencies, continue to announce significant increases in their audit activity. Now more than ever, Individuals, Businesses and Self Managed Superannuation Funds are at risk of being selected for an audit or review.

Audit Shield provides cost effective protection and assistance against the substantial cost that may be incurred should the ATO or other Australian government agency conduct an audit, enquiry, investigation or review.
If your business or individual return is subjected to a random audit, review or investigation, you are responsible for the costs involved in providing the required information.

Focused Tax Solutions can offer you the "Audit Shield Service" which can provide you with comprehensive relief from the associated costs of audit activity. The Audit Shield Service provides for the payment of our professional fees incurred as a result of you being selected for an audit, review or investigation by the ATO or other government body.

The service covers all professional fees up to a prescribed limit (with no excess) when responding to, or representing you in an audit, review or investigation. These include not only our fees, but also bookkeeping fees, legal fees and specialist professional advisor fees.

The following official enquiries, reviews, investigations and audits are covered by Audit Shield:

• Income, Land and Payroll Tax
• BAS/GST Compliance
• Fringe Benefit Tax
• Employer Obligation Audits
• Workers Compensation / WorkCover
• Superannuation Guarantee and Compliance
• Self Managed Superannuation Funds
• Capital Gains Tax
• Payroll Tax
• Record Keeping
• FBT
• Research and Development Grants (ATO Only)
• Stamp Duty

All of our clients can take advantage of the Audit Shield Service. Different levels of cover are available for:

• Business or Business Groups
• Salary and Wage Earners
• Self Managed Superannuation Funds

Focused Tax Solutions have included this Audit Shield notice to all of their clients to let them know that this type of service exists. To find out more about the Audit Shield Service, please contact us.