New Security
We are pleased to confirm that your policy is now supported by our Lloyd’s Syndicate 2427. This enhancement strengthens the security behind your cover. Our business address and contact details have also been updated.

Clearer, Updated Terminology
References to “Prescribed Sales” have been updated to “GST,” ensuring the policy language is clearer and aligned with current terminology.

Simplified Error and Information Provisions
The policy has been updated to provide greater clarity around errors or deficiencies in information provided to an authority, removing unnecessary notification requirements and making the cover easier to understand.

Clarification on Prior Tax Audits
The policy now clearly confirms that prior tax audits are not covered, providing transparency around the scope of cover.

Improved Claims Flexibility
The previous requirement to notify claims within a fixed 60-day period has been removed, offering greater flexibility when notifying us of a claim.

Streamlined Compliance Obligations
Compliance obligations have been simplified to apply to any legal or regulatory enquiries or requests from an Authority relating to your compliance with a designated tax.