Tax Audit Insurance
As the IRD steps up its national audit programme and development of analysis tools, we anticipate that more clients in the market place will be exposed to tax audits in the coming months and years. This will present additional compliance costs to clients. In preparation for this, we have identified a service provider in the market who is ready to provide insurance cover for meeting the tax audit costs. We will be releasing letters in the next month or so to promote this product to our clients. Watch this space.