McNamara & Company offers insurance that covers you from action by the Australian Taxation Office (ATO) and other government bodies.
It is a common misconception that you will only be audited if you are not compliant. The approach by the ATO and other government bodies in this respect has changed.
In addition to audits, the ATO and other government bodies have significantly increased the number of enquiries, investigations and reviews they are now undertaking. These organisations are utilising powerful data
matching capabilities so even compliant and correctly prepared returns can be selected for scrutiny. For this reason we offer an Audit Shield service, which guards against unexpected and potentially significant
The following audits, enquiries, investigations and reviews are covered:
- Income tax
- R & D Tax Concessions (ATO Only)
- Fringe Benefits Tax
- Employer Obligation Reviews
- GST / BAS
- Record Keeping
- Capital Gains
- WorkCover / Workers Compensation
- Payroll Tax
- Self Managed Superannuation Funds (cover available separately)