Does anyone have this insurance and do you think it's worth it?
My accountant keeps sending me notices to sign up or else sign a form to decline the offer. It costs $220 per year to cover 5 individuals and is tax deductible.
Apparently if I get an audit by the ATO, this policy will cover any fees directly related to the audit up to $10k. More info about the policy here:
http://intacc.com.au/tax-government-audit-shield/
My accountant keeps sending me notices to sign up or else sign a form to decline the offer. It costs $220 per year to cover 5 individuals and is tax deductible.
Apparently if I get an audit by the ATO, this policy will cover any fees directly related to the audit up to $10k. More info about the policy here:
http://intacc.com.au/tax-government-audit-shield/