Tax Advisory

Professional Insurance for Tax Advisors and Firms

Luxusní plnicí pero na papíře s grafem.

Peace of mind for you and your clients in the world of regulations

Tax legislation is one of the most complex and rapidly changing legal fields. Even with the utmost care, a different interpretation of the law or an administrative error can occur, leading to penalties from the tax authority. Our insurance protects your professional integrity and the financial stability of your firm.

Key Risks for Tax Advisors

01

Professional Errors

Incorrect interpretation of tax laws or incorrect calculation, leading to additional tax assessments for the client.

02

Missed Deadlines

Penalties from the tax authority for late submission of returns or reports.

03

Loss of Documents

Damage or loss of the client's entrusted accounting and tax documents.

04

Incorrect Representation

Errors in representing the client before the tax administrator or in tax proceedings.

05

06

Scope of Coverage for Tax Advisors

Coverage for Penalties and Late Payment Interest

The basis of insurance protection for a tax advisor is coverage for damages caused to the client, which most often arise in the form of additional tax assessments, penalties, or late payment interest. Our insurance program addresses errors in calculations, incorrect application of deductions, and mistakes made when representing a client in tax proceedings.

Protection against loss of documents

Handling a large volume of sensitive documents is an integral part of the job. Therefore, the insurance also covers liability for documents received – whether they are lost, damaged, or destroyed. Given the increasing digitalization, we also recommend additional cyber risk insurance to protect client databases.

Let's talk about insurance for tax advisors

Tax legislation is one of the most complex and rapidly changing legal fields. Even with the utmost care, a different interpretation of the law or an administrative error can occur, leading to penalties from the tax authority. Our insurance protects your professional integrity and the financial stability of your firm.

Professional and smiling team of Eurovalley specialists in joint working consultation.