Hi, received a letter from the accountant with a brochure for Audit insurance, wanting to know if we wanted to be added to their policy for a fee.
This Tax Audit Insurance policy, covers the professional fees incurred by our particpating clients if they get selected for a random audit or review by Inland Revenue.
Wondered if anybody else has this, is it worth getting?
If I got audited, can you just represent yourself or is it better to get the accountant to deal with inland revenue?
In my case, we have 2 rentals and I am self employed part time.
Thanks
This Tax Audit Insurance policy, covers the professional fees incurred by our particpating clients if they get selected for a random audit or review by Inland Revenue.
Wondered if anybody else has this, is it worth getting?
If I got audited, can you just represent yourself or is it better to get the accountant to deal with inland revenue?
In my case, we have 2 rentals and I am self employed part time.
Thanks
Comment