Clients of Harris Black would have received a letter from us offering you the opportunity to participate in our Audit Shield Service. Whilst we make all efforts to prepare your accounts and tax returns accurately, we cannot stop a government authority choosing to undertake a review or an audit.
With government authorities increasingly using data matching with other government bodies, banks, Single Touch Payroll and even companies such as AirBnB, audits and reviews are on the increase.
The Audit Shield service has provided effective financial protection to those of our clients who have been subject to an audit, enquiry, investigation or review from the Australian Taxation Office or any other relevant government revenue agency in relation to lodged returns. Whilst we act as your registered tax agent, you are able to opt into this service.
Below is a chart outlining the 2019-2020 Audit Shield claims across Australia:
To understand more about the Audit Shield Services or to opt in, please contact your Harris Black team member