Do you have Audit Insurance?

As the world returns to normal after the seismic shifts of 2020, the Australian Taxation Office (ATO) also returns to its standard practices including its audit activity.

Australian taxpayers including businesses and individuals are regularly finding themselves at the mercy of the ATO or other government revenue agencies in regard to audits, investigations or reviews.

The ATO’s enquiries may focus on any of the following tax declarations and actions:

* Income, Land and Payroll Tax

* BAS/GST Compliance

* Workers Compensation / WorkCover

* Superannuation Guarantee and Compliance

* Self-Managed Superannuation Funds

* FBT

* Record Keeping

For peace of mind on your present and past tax declarations, Audit Shield is an important insurance against the costs of an audit by the ATO. The insurance cover provides assurances in regard to the services and costs you incur in order to meet the requirements of an audit.

Check out our client fact sheet to see how the Audit Shield service is provided and what is covered – Client Fact Sheets.

If you would like to learn about our Audit Shield service, please talk to MWM today!

Essential tax and regulatory updates for business owners

Key tax and regulatory updates every business owner should know The past few months have brought some major updates that business owners, trustees, and investors shouldn’t overlook. A recent Tribunal case has reinforced why timing and documentation are everything when...

Australia’s economic pulse: September 2025

Key reforms and updates impacting Australians There’s been a bit to report on since our last newsletter. Standouts include the RBA’s interest rate cuts, the release of the Productivity Commission’s interim report on the strategy for creating a more dynamic and...

July Update: What Labor’s win means for you and your business

Labor’s victory: unpacking the promises and priorities As the dust settles following Labor’s re-election, there’s a lot to unpack, from tax changes and housing incentives, to updates for small business and not-for-profits. In this edition, we break down what the...