We have partnered with Tax Risk Underwriting Managers to offer tax insurance aimed at small- to medium-sized companies, owners of small- to medium-sized companies, trusts and high-net-worth individuals. The product provides legal defense and accounting cover, which enables the client to engage top professionals to act on their behalf following an audit from SARS.
Changes in legislation, including the Tax Administration Act, have highlighted the significance of managing business compliance risks. The existence of effective internal controls, good corporate governance and qualified advisers are forms of risk mitigation, however, insuring these risks is at times the only real protection.
If selected for a SARS tax audit or related dispute, Tax Risk Underwriting Managers will appoint and pay for a team of tax professionals to defend the taxpayer to ensure a fair outcome.
This may include: Accountants, Auditors, Tax Attorneys, Tax Specialists and Tax Advisors
Activate your Tax Risk Insurance protection today.
