We recommend tax fee protection insurance to our clients to guard against the cost of an investigation or dispute.
Many of our offices offer their clients insurance cover for our professional costs incurred in the following investigations and disputes:
- Self-assessment full enquiries
- Corporation tax accounts investigations and full enquiries
- Customs and Excise VAT disputes
- Employer compliance investigations (PAYE, P11D, NIC)
We have experienced a number of investigations under the self-assessment regime and enquiries can be undertaken on a random basis. Our experience is that fees incurred in dealing with investigations can be as high as £5,000. Now, more than ever, we feel that advice on the tax fee protection insurance scheme is necessary.
Therefore, we strongly recommend that our clients take advantage of insurance protection.
The next step
If you would like to discuss tax fee protection insurance, please contact one of our tax advisers at your nearest location, or complete the contact form.