Audit Shield Master Policy
In the next few weeks, you will be receiving an email or letter from us regarding ‘Audit Shield’.
Our Audit Shield Master Policy provides for the payment of professional fees incurred in the event that you and your associated entities are selected for an audit, enquiry, investigation or review instigated by the Inland Revenue.
The Inland Revenue (IR) has continued, to target individuals and businesses. In the last two budget announcements alone, the government announced additional funding of $205 million over the next five years to boost this review activity.
As a result, we believe that our ‘Audit Shield’ Master Policy, underwritten by Lloyds, continues to be a vital tool in protecting yourself against the potential costs (fees) when these matters arise. Fortunately, for those clients who participated last year, they were able to save on the costs incurred in responding to these IR reviews and investigations.
Should you have any questions please feel free to contact us, as we are happy to chat regarding the policy and the benefits for yourself and your business. While participation is not compulsory, we do believe in the policy and the benefits hence we have taken out the Master Policy which allows clients to be included in the overall policy for a fee.