The possibility of a tax enquiry by HM Revenue & Customs (HMRC) has continued to increase over the past few years, and HMRC inspectors are using new, broader powers to visit business premises and view accounting and tax records. As a result, HMRC tax and VAT enquiries are becoming much more complex and time consuming, resulting in the costs of defending the enquiries rising.
Hillmans offers all clients an insurance policy from Taxwise Services Limited
to cover our professional fees incurred as a result of dealing with these investigations.
Taxwise Fee Protection Insurance covers:
- Corporation Tax and Income Tax Enquiries - Schedule 36 Interventions & Inspections- - PAYE/NIC Employer Enquiries - VAT Enquiries - CIS, IR35 and Other Status Enquiries - Minimum Wage Enquiries - Business Records Checks - Inheritance Tax Enquiries - Cover up to £100,000 of professional fees for each claim - Directors and partners (including spouses and civil partners) covered under business policy
Taxwise Services LimitedTaxwise Services Limited are specialist providers of Tax Enquiry Fee Protection Insurance Schemes to Accountancy Practices and are authorised and regulated by the Financial Conduct Authority.
All insured clients can also enjoy the benefits of the Employment Law and Health & Safety advice team at Peninsula for no extra cost.
Peninsula has over 25,000 UK businesses as clients and more than 900 staff, and are the country’s largest Employment Law specialists. Hillmans clients have the benefit of their 30 years’ experience.
For more information about fee protection insurance, please contact Steven Hillman.
Download the Taxwise Plus Electronic Leaflet
You can download a copy of the Taxwise Plus brochure as a PDF from our website below.