Policy Coverage

Tax and Government Audit Insurance......made easy!

The AIB / VERO policy's comprehensive cover ensures that you can provide your clients (and your practice!) with complete peace of mind, knowing that your time will be fully covered should your client be selected for audit!

So...what qualifies as an "audit"?

Here's the good news! Any query that is triggered as the result of a return being lodged is deemed to be an "audit".

A claim can be lodged for any time spent by the practice responding to any query from the ATO or State Based Authority (e.g. State Revenue Office, WorkCover Authority) with which a return has been lodged.

There is no excess on the policy!

The following enquiries, audits, reviews and investigations are covered by the AIB / VERO Audit Insurance Policy.

  • WorkCare / Workers Compensation
  • Payroll Tax
  • Self Managed Superannuation Fund compliance audits
  • GST & BAS Compliance
  • Capital Gain Tax
  • Fringe Benefits Tax
  • Superannuation Guarantee
  • Income Tax

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Audits, Reviews and Investigations

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