Accountancy Insurance was established in 2003 specialising in Audit Shield – a comprehensive tax audit insurance product which covers the professional fees incurred as a result of an official audit, enquiry, investigation or review instigated by the Australian Taxation Office (ATO) and other federal, state and territory based agencies. Today, Accountancy Insurance provides service to more than 3000 accounting firms across Australasia and Canada. Professional Indemnity, Management Liability Insurance and Cyber Insurance are also beneficial offerings available to Australian accounting firms.

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For industry insights and commentary read the Accountancy Insurance blog:

Cryptocurrency investors beware. The ATO is devising a tax plan for digital currencies.

Over the past several months, bitcoin has made headlines across the globe as the cryptocurrency’s value has skyrocketed to unprecedented heights. 

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NEWS AND MEDIA

Sports stars will lose tax loophole following ATO crackdown

A TAX loophole used by Australia’s best athletes is about to become more difficult to exploit. The Australian Taxation Office is starting to clamp down on “image rights” companies, used by wealthy sportspeople to reduce their tax bill and claim a raft of expenses.

 

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TESTIMONIALS

“Our practice has benefited from the Audit Shield service with an amazing take up over the past three years. Our Account Manager has provided insight into how to improve our take up rate and taught us not to discount clients simply because they didn’t adopt a policy in the first year.”

Rob Schammer, General Manager, Devenny Payne, Bacchus Marsh VIC

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