Baggetta & Co are proud to announce that as part of it’s continued service to clients we are rolling out a Tax Audit Protection Service to all of our clients.
There is no question that the ATO and other government agencies are increasing audit activity and scrutinising returns more than ever. Baggetta & Co’s audit protection service is backed by one of the countries biggest insurers and covers much more than just audit activity by the ATO.
In fact our audit protection service covers any professional fees incurred in preparing any relevant documentation and responses to any government agency conducting any kind of audit review or investigation. And once on board you have coverage not only for the current year but for all previous years as well.
WHAT IS AUDIT PROTECTION INSURANCE?
Audit Protection Service provides for the payment of professional fees otherwise payable by you when incurred as a result of our firm being required to respond, on your behalf, to an audit, review or investigation by the ATO or other Government body. It provides you, as our client, with a fixed, cost effective solution to guard against unbudgeted professional fees, which may be incurred and can be quite considerable depending on the length of time involved.
WHAT IS THE BENEFIT OF THE AUDIT PROTECTION SERVICE?
If you are faced with an audit, review or investigation of lodged returns, our professional fees incurred should ordinarily be covered.
Take a moment to consider the likelihood of being audited, reviewed or investigated and if you have the ability to pay the professional fees involved which will depend on the length of time involved to conduct the Audit.
WHAT AUDITS, REVIEWS AND INVESTIGATIONS ARE COVERED?
• Income Tax
• GST & BAS
• Superannuation Guarantee
• PAYG Withholding
• Fringe Benefits Tax
• Payroll Tax
• Land Tax
• Stamp Duty
• Self Managed Superannuation Funds
• And many other lodged returns
WHO IS COVERED?
All of our clients can take advantage of the Audit Protection Service. Different levels of cover are available for:
• salary and wage earners;
• sole traders or partnerships with turnover under $500,000;
• businesses or business groups with turnover over $500,000;
• self managed superannuation funds.
In most cases, individuals and family entities can be covered by the same policy that covers the business entity – for no extra cost.
WHO PROVIDES THE AUDIT PROTECTION INSURANCE?
Our Broker AIB provides this service to you. Vero Insurance Limited, is part of the Promina Group of companies, one of the world’s largest insurance groups. Vero contact details: 465 Victoria Ave. Chatswood, NSW 2067 Tel: 13 18 13 Email: firstname.lastname@example.org
WHAT DO I NEED TO DO TO TAKE UP AUDIT PROTECTION INSURANCE?
Simply contact our office on 9317 7300.
January 4, 2018
December 29, 2017
December 21, 2017
Subscribe to the Baggetta newsletter to stay updated with regular industry and company news.
For more information about the services we provide, or to find out if you are eligible for a free no-obligation consultation, call us now on 9317 7300.
The information provided on this website, including the material and contents provided in the website publications, are informative in nature only and you should not act specifically on the basis of this information alone. It should not be used as a substitute for legal, business, accounting, tax, financial planning or other professional advice. If expert assistance is required, professional advice should be obtained.
Paul Baggetta is the Founder & Principal of Baggetta & Co. Paul Baggetta has been a Taxation Accountant since 1981, a Financial Planner since 1998, and in 1993 qualified as a Real Estate Licensee, holding a Triennial Certificate (currently not trading) and operated his own Real Estate business for property investment clients for over 5 years as a second business.
Financial planning services are provided by Paul Baggetta as an Authorised Representative (No. 261469) of Capstone Financial Planning Pty Ltd. ABN 24 093 733 969. Australian Financial Services License No. 223135.
Taxation & Accounting services are provided by Paul Baggetta as a Registered Tax Agent (No.61487008) and is a Member of SMSF Association, FIPA & NTAA.