Audit Shield Accountancy Insurance
Inland Revenue (IR) maintained its strong compliance push into May 2026, with claims activity up 24% compared to May 2025. After the sharp increases earlier this year, it’s clear this is no longer a short-term spike, it’s a sustained shift in scrutiny.
Top movers (comparison of May 2026 to May 2025):
> GST Verifications up 35%
> Risk Reviews up 70%
> Full Audits up 120%
Additional pressure points:
> Rental property reviews
> Income tax returns are seeing more frequent follow-up activity
IR are not just increasing volume. They are moving faster, initiating contact earlier, and engaging more frequently throughout the lifecycle of a return. Whether the interaction begins with a phone call, formal correspondence, or a client‑lodged GST return.
Don't wait for the IRD to contact you to begin an audit process. Contact us today to find out getting insurance to cover the costs associated with an audit so your business can continue smoothly without any further extra expenses when an audit is requested.