Welcome to TIB Assist - We're here to help.
‘Every once in a while a new product comes onto the market that is radically different to anything experienced in the past as the genius of the product lies in its practicality, necessity and value to the end user. In our opinion, Tax Radar has succeeded in creating a range of tax insurance products that are not only practical but a necessity for every business, business owner, professional and high-net-worth individual. In a nutshell, the taxpayer purchases legal defence cover for a relatively inexpensive premium which enables them to engage top tax professionals to act on their behalf should the need arise.
We are all well aware that new legislation (Consumers Protection Act, pending Tax Administration Bill, Companies Act, etc.) has been passed giving the authorities more power while placing more responsibility on the taxpayer. Coinciding with this is the fact that we probably have one of the most aggressive revenue authorities in the world and legislation has become extremely complicated.
As an introduction to the need for the product, a tax audit is an experience that most people would surely want to avoid. There is however no way to ensure that an individual or business will not experience this and SARS's exact formula of who gets audited, is a well-guarded secret. Should this occur, a taxpayer may face additional tax demands and over and above that, unexpected legal and accounting fees. They may find themselves in a position that they have to hire expert, professional assistance to liaise with SARS on their behalf and these costs of course are incurred whether they are proven 'guilty' or not.
It is for this reason that we believe Tax Radar is an absolute necessity for high net worth individuals and business owners. The policy offers cover for companies irrespective of their size. At the end of the day you as the taxpayer can experience “Peace of Mind” and know that you have one of the top tax teams in the country defending you.
Enquiries
For more information or to make use of any of these services,
please call 0860 TUTTLE (0860 88 88 53)
and one of our consultants will be glad to assist you.
Terms and conditions apply. E&OE.
Quick-Contact
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