Protect your business from unexpected IRD queries and audit costs
FeeCover:
Protection for Your Business
FM Insure’s FeeCover provides businesses with comprehensive protection against the rising number of IRD audits, investigations, and queries. Our solution gives peace of mind by covering professional fees incurred when responding to IRD, allowing you to focus on what matters most—running your business. With IRD reviews increasing significantly (3600 audits in the second half of 2024, up 50% from the previous year), FeeCover ensures you’re prepared for any tax-related inquiries without the financial strain.
what FeeCover offers
Don’t worry about the cost of good protection – Your tax agent can manage IRD, while you manage your business.
Rapid Response to IRD
Enable your tax agent to respond quickly to IRD queries, filling information gaps promptly and reducing the risk of penalties, interest accumulation, and escalation to full audits.
Financial Certainty
Eliminate unexpected costs by having all professional fees covered—including your tax agent, legal fees, and any other advisors required to address IRD matters—up to your prescribed limit with no excess.
Comprehensive Coverage
Protection includes basic queries as well as full audits across multiple tax types, including Income Tax, GST, PAYE, FBT, and more, covering both current and previously lodged returns.
Business Group Protection
Coverage isn’t limited to just your main entity—it extends to your business group (subject to 25% ownership rules), directors’ personal returns, and other optional coverage areas tailored to your needs.
