Tax Investigation Fee Protection Insurance

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Our tax investigation service protects you from fees incurred dealing with the following HMRC enquiries:

  • Full and Aspect enquiries (including enquiries initiated under the Single Compliance Process)
  • Schedule 36 interventions and inspections
  • Business Inspection Notices
  • Business Record Checks
  • Informal enquiries commenced by telephone (that require a written response)
  • PAYE/NIC Employer Compliance Visit Disputes (& pre-dispute where required)
  • VAT Compliance Visit Disputes (& pre-dispute where required)
  • Real Time Information (RTI) Compliance Visits
  • HMRC Code of Practice 8 enquiries (Indemnity Limit £5,000)
  • Applications for Judicial Review (Indemnity Limit £5,000)

Cover is available from as little as £100 plus VAT.

Other areas of cover:

  • CIS Disputes
  • IR35 and other status disputes
  • Minimum Wage enquiries
  • Inheritance Tax enquiries
  • Child Tax Credit enquiries

TAX INVESTIGATIONS ARE STRESSFUL AND COSTLY

GET PROTECTED

What is the tax investigation fee protection service?
It is an insurance backed service which protects you from accountancy fees associated in dealing with any HMRC enquiry or dispute.

Why would I be investigated?
There is no definitive answer as to why, but there are a lot of possibilities; filing a late return, errors that require correction, dealing with cash, HMRC receiving a tip-off, working in a targeted business sector, to name a few.
The revenue’s ‘snooper computer’ Connect collates data from banks, Land Registry records, Visa and MasterCard transactions, DVLA, council tax, VAT registration documents, Airbnb, and believe it or not even your social media profiles. A common misconception is that a mistake has been made but that is rarely the case. Random enquiries can and do happen.

How much does an enquiry cost?
Representing you can easily run into thousands of pounds but will vary from enquiry to enquiry, even if no extra tax is paid at the end. Immediate professional representation from your accountant is essential in successfully and quickly dealing with HMRC enquiries, but that will come at a cost, and will not be in your budget.

Our Service Includes:

  • Renews annually
  • Insurance backed
  • £100000 fee indemnity
  • No excess

For any compliance check, visit (regardless of whether a dispute has yet arisen) or investigation started by HMRC regarding compliance with:

  • Corporation Tax Self-Assessment | VAT
  • Income Tax Self-Assessment | PAYE
  • VAT visits | National Insurance
  • Construction Industry Scheme | IR35
  • Stamp Duty | Employer Compliance Visits
  • Check of employer records | Interventions
  • Capital Gains Tax | National Minimum Wage
  • Gift Aid legislation and regulations | P11D
  • Inheritance Tax | Child Tax Credits
  • HMRC use of pre-dispute information and inspection powers under schedule 36

And now including My Business Hub – for free!

My Business Hub is an easy-to-use online portal offering real-time updated, real-world expertise on all key business areas.
Employment law/HR, contracts, handbooks, absence, sickness, flexible working, termination of employment health & safety, policies, working from home, stress in the workplace, risk assessments, DSE, fire safety legal, contracts, terms & conditions, company and consumer law compliance and business admin have never been easier with practical templates, model letters and other documents including job descriptions and training forms at your fingertips.

Cover starts from as little as £x plus VAT per annum. To get covered please call us on 01482 427360 or contact help@360accountants.co.uk

Get in touch with 360 today

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