The cost of defending your case or justifying your position to SARS
can
be considerable. We cover the cost of defending:
INDEMNITY LIMITS
The Indemnity Limit for the product category selected is fixed so your client knows what is available and is
equal to the Annual Rand Limit or the Annual Hours Limit, whichever is the lesser.
Terms and conditions apply.
WHAT WE DON'T COVER
Audits and disputes
which have
commenced
prior to
the inception of the policy
Audits from tax returns
which
were submitted
late,
without extensions being granted
Where proper records
were not
kept
Where fraud or crime is
involved
Costs of tax return
preparation
Matters outside RSA
borders
Any taxes, interest, penalties or
fines
correctly
imposed by SARS
I am a new or existing...
POLICYHOLDER
While you may have a competent accountant or tax practitioner, this does
not guarantee
protection in the event of a SARS' tax audit. The cost of defending an audit can be debilitating.
Your clients look to you for professional, up-to-date insurance advice.
The risk of a
SARS’ tax audit is real – which means that insurance cover in the event of a SARS’ audit has become a
top priority.
The regulations and procedures around a tax audit are complicated. If your
client is
selected by SARS for a tax audit, you’ll most likely be the first port of call.
Each taxpayer must have his own policy
