Many of our clients would have received an email offering them the chance to take advantage of our Audit Shield Service. We have had a few questions regarding exactly what audit insurance is and so we’ve compiled a post to answer a number of these questions for you.

What is audit activity?

Audit activity includes any audit, enquiry, investigation or review which is instigated by the Australian Taxation Office (ATO) and other relevant government revenue agencies to ensure compliance with various tax and legislative requirements.

How common is audit activity?

The ATO and other gov