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Tax Audit Insurance

A tax audit can be stressful, time consuming and expensive. But Vero’s Tax Probe Plus can help. 

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What’s included in Vero Tax Probe Plus?

If your business tax returns are audited by the ATO, or by a Commonwealth, State or Territory department, the resulting accountant’s fees can be both overwhelming and unexpected. Tax Probe Plus covers the cost of these professional fees, enabling you to stay in business while staying on top of the audit process.

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Tax Probe Plus

If you’re audited, we can cover professional fees associated with tax audits, investigations, examination or review undertaken in respect of the following designated taxes:

  • Income Tax Assessment Act 1997 (Cth);
  • Fringe Benefits Tax Assessment Act 1986 (Cth);
  • A New Tax System (Goods and Services Tax) Act 1999 (Cth);
  • Superannuation Guarantee (Administration) Act 1992 (Cth);
  • Termination Payments Tax (Assessment and Collection Act) 1997 (Cth);
  • Sales Tax Assessment Act 1930 (Cth);
  • Sales Tax Assessment Act 1992 (Cth); or
  • any law of an Australian State or Territory relating to payroll tax.

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View the policy documents

Four cover options available:

Vero can cover professional fees associated with audits and official investigations, including:

  • business audit only (with investigation cover)

  • business and directors audit (with investigation cover)

  • individual cover (only for insured parties that are not a corporation)

  • self-managed superannuation fund cover.

Reasons to choose Vero Insurance

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Helping Australians for over 180 years

Vero provides leading business and personal insurance products, and has helped Australians protect their futures for nearly 2 centuries. Our wealth of experience makes us specialists in the insurance space.

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Protecting your future

If things go wrong, Vero has your back. Our specialised insurance products are designed with the future of your business in mind. See how we can help you protect your business today.

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Protecting your success

At Vero, we know that business owners work hard to build and maintain their business. We believe in protecting that success, which is why we are passionate about sharing stories and insights from inspiring business owners just like you.

Forms and documents
Learn more about Vero’s Tax Probe Plus policies by viewing the policy documents.

 View the policy documents