Tax Risk Insurance

The risk of a SARS Audit is real.

We have partnered with Tax Risk Underwriting Managers to offer tax insurance aimed at small- to medium-sized companies, the owners of small- to medium-sized companies, trusts and high-net-worth individuals. The product provides legal defense and accounting cover, which enables the client to engage top professionals to act on their behalf following an audit from SARS.

Changes in legislation, including the Tax Administration Act, have highlighted the significance of managing business compliance risks. The existence of effective internal controls, good corporate governance and qualified advisers are forms of risk mitigation, however, insuring these risks is at times the only real protection.

How does it work?

If selected for a SARS tax audit or related dispute, Tax Risk Underwriting Managers will appoint and pay for a team of tax professionals to defend the taxpayer to ensure a fair outcome. This may include:

Accountants
Auditors
Tax Attorneys
Tax Specialists
Tax Advisors

What are the benefits of Tax Risk Insurance?

Affordable Premiums
Cover is retrospective - no waiting period. Once the policy is active, you are protected no matter how far back SARS assesses
Your own accountant's fees are covered for services during the claim

Contact our team today to activate your Tax Risk Insurance protection.

Click here to activate your Tax Risk Insurance protection now

Protect your business.

Having a sound risk management plan is essential for the long-term success of any business.

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