Fee Protection: Can You Afford a Tax Investigation by HMRC?
Fee Protection Insurance
Here at JacRox we understand that tax is a little word with big implications. That is why we work hard to give you the best possible advice and strategies to make tax altogether less taxing.
The very thought of an enquiry by HM Revenue & Customs (HMRC) can be daunting. In the event that you are chosen for investigation, we can help you at every step of the process.
Fee Protection Insurance is a Scheme that covers the clients of an Accountancy Practice for any professional fees that result from an investigation by HMRC.
What is covered?
- Income Tax/PAYE
- Corporation Tax
- National Insurance
- Construction Industry Tax
- IR35
- VAT
What is not covered?
- Fraud
- Criminal prosecutions
- Tax avoidance schemes
- Deliberate omissions
- Enquiries ongoing prior to engagement
If you decide to use our Fee Protection we will demonstrate to HMRC that you are paying the correct amount of tax and assist with the investigative procedures. As you will appreciate this all takes time, expense, and flexibility on our behalf. All of which means that HMRC enquiry charges are an unavoidable addition to our regular service fees.
In partnership with Croner Taxwise, who are market leaders in this specialist field. Our comprehensive service includes access to advice lines in the complex areas of Employment Law and Commercial Health and Safety. We have enclosed a leaflet which should answer any questions you may have about tax enquiries, the service and its benefits.
We strongly advise all of our clients to to take advantage of this service. If you are wanting to find out more information about Fee Protection and the services we offer then please do contact a member of our team on eitherĀ 0800 020 9542 or email us onĀ hello@jacrox.co.