Did you know we provide audit protection for our clients?
With increased data-sharing between the ATO, ASIC, and other regulators, audits are becoming more frequent than ever.
Our in-house Audit Protection Subscription helps remove the financial uncertainty, covering the costs associated with ATO and other statutory audits, without the need for third-party insurance.
It’s a simple way to ensure you’re supported, protected, and prepared when the unexpected arises.
Aintree Group’s Audit Protection Subscription
Think of your Audit Protection Subscription with Aintree Group as the “Apple Care” of audit services – pay a little extra, but gain a lot more in protection.
Aintree Group’s Audit Protection Subscription covers your professionals fees and investigation costs (up to a set limit) in the event you are selected for a statutory audit, compliance review, enquiry or investigation by a government revenue agency in Australia.
Each year your Audit Protection coverage will be automatically rolled over as part of your ongoing Annual Service Agreement with Aintree Group. So, you’ll have peace of mind knowing you’re you’re always protected by our cover.
Even a simple investigation or review can result in hours of investigative work. Our fixed-price model means you won’t have to worry about unexpected audit costs disrupting your cash flow throughout the year.
Aintree Group’s Audit Protection Subscription covers your audit management costs for claims relating to:
- BAS & GST
- Income Tax
- Fringe Benefits Tax (FBT)
- Payroll Tax
- Land Tax
- Stamp Duty
- Capital Gains Tax (CGT)
- Superannuation Guarantee
- Employer Obligations (PAYG Withholding)
- Self-Managed Superannuation Funds (SMSFs)
- R&D Tax Incentive
- Workers’ Compensation Insurance (WorkCover)
- Record Keeping Compliance
This service only covers professional fees incurred for managing audits and reviews. It does not cover penalties, fines, or additional taxes imposed by the ATO or other agencies. The audit or review must be initiated within the subscription period for coverage to apply. You must be an Aintree Group tax client to participate in this program.
Subscription Packages
Our Audit Protection subscriptions are structured into several packages, tailored for individuals, self-managed super funds (SMSFs) and businesses, to ensure you are covered up to an appropriate level of cost.
Companies and individuals can be covered together per client group; however, due to the unique nature of Self-Managed Super Fund audits, these require separate coverage.
The pricing of your subscription package will be quoted in your Annual Service Agreement. If you want to take additional cover you need to talk to your Aintree Group advisor.
What do you get out of it?
- Cost-Effective Solutions: No third parties involved keeps costs low while maintaining the same level of protection. Avoid unexpected audit expenses with the fixed cost of your annual Audit Protection Subscription. Plus, your subscription fee can be claimed as a tax deduction!
- Expert Audit Support Team: You’ll have personalised assistance throughout the audit process, led by your Aintree Group advisor. This ensures you receive direct support from people who already know your circumstances, and take care of your other compliance matters.
- Tailored Solutions: Our subscription model is designed to suit your specific requirements, whether you’re an individual, SMSF, or business, and will be tailored according to your Annual Service Agreement with Aintree Group.
- Peace of Mind: You know your coverage is automatically rolled over each year – so you’re always protected! Plus, our subscription covers previously lodged tax returns so there’s no need to worry about previous tax periods.
- Proactive Risk Management: Having your audit protection managed in-house will help us identify and address issues proactively.
- No Surprises: This is a fixed-cost subscription with a simple, transparent pricing model tailored to your needs.