HQB Complimentary Audit Insurance Policy

HQB are pleased to advise you that since 1986 we have provided Complimentary Audit Insurance as part of our quality control process. This policy is designed to cover clients for what could be thousands of dollars in professional fees incurred as a result of an audit, and offer peace of mind in knowing that maximum effort is dedicated to achieving the correct outcome.

The Tax Commissioner predicted in a recent edition of the Australian Taxation Office Compliance Program, that one in ten businesses will be subjected to some form of tax audit and that a further crackdown of individual tax payers on tax deductions will occur.

The Audit process involves preparing you prior to the Auditor’s attendance, holding interviews at HQB’s office, and HQB staff being in attendance at all interview times to assist you.

To qualify for HQB’s complimentary audit insurance:

  • Our fees must be paid on time
  • The information supplied to us must be correct
  • The audit must relate to a document prepared and lodged by HQB
  • Exclusion – Tax Audit arising from a Self-Managed Superannuation Fund Auditor Contravention Report

Providing the above conditions are met, HQB will not charge you for the time we spend attending to your tax office audit.


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