Because the taxman isn't likely to simply pop in for
tea and biscuits.

A visit from the Taxman is like a visit from distant relatives: you know it could happen at some time but the uneasy thought is kept somewhere in the back of your mind. That's because it's uncomfortable, intrusive and can cost you
a lot of money.

The same can be said for an enquiry by SARS, but it doesn't have to. Now Qdos Tax Enquiry Insurance enables individuals and firms to insure themselves against unplanned fees from their accountants, auditors, tax advisors and external specialists in the event of an enquiry by SARS.

SARS have the power to open an enquiry into any tax return submitted and no reason has to be given. Representing your interests is complex and time consuming and the costs can run into thousands of rands and have no bearing on the level of tax involved.

In the UK, Qdos has become standard practice and there is every reason to believe it will become the norm in the South African industry as well.
Click here if you would like us to contact you.