Did you forget to renew your tax enquiry fee protection?

HMRC conducted 394,000 tax enquiries last year, highlighting how many entities is suspects of underpaying tax. Vigorous new software is capable of tracing the smallest discrepancies in spending’s or earning, meaning that anyone submitting a tax return is a potential target. If HMRC chooses to investigate you, it can be disruptive, intrusive and expensive. It may even take up to a year for the investigation to be complete.

When dealing with HMRC, it is imperative that you are led by a specialist. Subscribing to our service means you can be reassured that you will be dealing with a trusted and familiar face. We believe that we know your business best and we want to support our clients. By spending a little now, you can save a lot later and remove the time, stress and professional costs out of a tax investigation.

Our Fee Protection Service can help you manage any tax enquiries you might receive. When you subscribe to our Fee Protection Service, your accountancy fees are covered up to £100,000 if your business tax accounts are investigated by HMRC. Some examples of the types of investigations included with our Fee Protection Service include:

• Inheritance tax
• Compliance challenges regarding PAYE regulations
• Appeals to VAT
• Employer compliance
• IR35
• Code of practice 8 enquiries

For more information about our Fee Protection Service and how to sign up, please visit our website or email James Alesbury.