Tax investigations are increasing and HMRC are widely publicising their intentions to conduct more in the next 12 months. With that in mind we now require all clients to be protected from unexpected fees if you are selected for a tax investigation.
Even if there is no additional tax to pay, investigations and enquiries can cost thousands and last for many months.
Historically we have made our tax investigation cover on an opt-in basis for an annual fee, however this year we are, uniquely, providing this to all clients free of charge.
This gives you the peace of mind that you will be protected if HMRC opens a costly investigation into your personal or business affairs.
HMRC are targeted with closing the tax gap of £35 billion, with small businesses and individuals accounting for over half of this amount.
You can now be assured that if you are chosen for investigation, we will assist you every step of the way. To ensure early resolution, early professional representation is an essential part of your defence.
Our Tax Investigation Service in partnership with Croner Taxwise includes:
If you are in business, it gets even better, our service includes the furlough support package:
To take advantage of this complementary service you must agree to the following requirements.
- Complete our Direct Debit Mandate in order to pay your fees*. Direct Debits are a safe and secure way to pay. Click here to read the Direct Debit Guarantee.
- Provide the tax information we need to complete Directors Self-Assessment returns by 30 September 2021
- Provide accounting information needed to complete your year-end accounts within 4 months of your financial year-end**
Should you be unable to meet the above requirements, the cost of the service will be added to your next invoice.
The costs for this are still very competitive at £50 plus VAT for individual personal tax clients and £150 plus VAT for a business (which includes cover for the directors and partners). The usual cost of this is £160 and £360 plus VAT.
We strongly advise that you take up this free offer, not only does this give you peace of mind in relation to tax investigations, you are also able to benefit from a more pro-active tax and accounting service.
When we have information provided in a timely manner we are more able to advise on any tax planning or tax mitigation opportunities earlier for you and your business.
* Our fees for all services provided to you during the period to 30 June 2021, will be collected in two instalments at 30 and 60 days, in place of our current payment terms of 14 days. No fees will be collected for the Fee protection service where the qualification criteria is met. (Where we have already agreed an alternative payment plan that will take precedence).
**Clients with a turnover in excess of £25m will need to be approved for this service.