It’s very well known that HMRC are under scrutiny for their mismanagement of the tax affairs of businesses and individuals. As accountants, we have a real fear that this mismanagement will “spill over” into the enquiry sphere – we are seeing some poor selection of candidates for enquiry and a general lack of communication with us during these enquiries.
Our Tax Investigation Fee Protection Service covers our professional costs in the event that you are selected for an investigation and ensures that you do not have to simply concede to HMRC’s demands without adequately defending yourself.
I leave it up to you as my accountant to get it right, why would I be investigated?
There does not need to be a reason for HMRC to check your tax affairs. Every taxpayer who submits a tax return is at risk of being targeted. Many thousands of enquiries are launched each year resulting in no extra tax being charged yet accountancy fees still need to be paid. Even if you have done nothing wrong, many tax enquiries are conducted at random.
There does not need to be a reason for HMRC to check your tax affairs. Every taxpayer who submits a tax return is at risk of being targeted. Many thousands of enquiries are launched each year resulting in no extra tax being charged yet accountancy fees still need to be paid.
Even if you have done nothing wrong, many tax enquiries are conducted at random.
What does it cover?
When you subscribe to our service we are able to make a claim against our insurance policy held with Professional Fee Protection in respect of our fees incurred (up to £100,000 per claim unless otherwise indicated) when we defend a client who is subject to any of the following events:
- A Full Enquiry.
- An Aspect Enquiry.
- A Business Inspection Notice.
- VAT/PAYE/CIS/CJRS/NMW Compliance Visit.
- VAT Disputes.
- PAYE/NIC/CIS Disputes.
- Employment Status Dispute.
- Partners/Directors Cover.
- IR35 Status Check & Disputes.
This isn’t covering any tax due as a result of an investigation, it’s covering our time as your accountant defending you.
Any Extras?
As a subscriber to our Tax Investigation Service you can also benefit from access to a free client legal helpline. The helpline gives you direct access to support from legally qualified advisors from one of the UK’s largest law firms. The features include:
- Ability to contact the team about any commercial UK legal problem including but not restricted to:
- Commercial litigation and dispute resolution.
- Employment contracts/restrictive covenants, disciplinary/grievance issues and unfair dismissal.
- Property and landlord/tenant queries.
- Pensions.
- Health and safety.
- Unrestricted access to the service 24/7, 365 days a year.
- Legal support on HMRC ‘unannounced’ visits.
