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 2700 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:

Government rejects opposition’s proposed ‘backpacker tax’ cut

The government has rejected a joint proposal in the Senate to lower the ‘backpacker tax’ from the government’s favoured 19% rate to a recommendation of 10.5%...

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NEWS AND MEDIA

ATO to crack down on businesses misusing R&D tax breaks

The Australian Tax Office has warned business operators and advisers that it is ramping up its efforts to target the misuse of research and development tax incentives, and it will pursue those deliberately exploiting the tax breaks in court.

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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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