We recommend all our clients subscribe for this valuable Tax Investigations Fee Protection cover.

We have once again partnered with market-leading provider, Markel Tax, who have an excellent reputation within the accountancy profession, in order to offer the best service available.

HMRC enquiries are better targeted and are being undertaken with an unprecedented level of detail and persistence. In 2019/20, the total tax revenue increased by £8.8bn to £636.7bn with compliance activity yielding £36.9bn – a 8.2% increase in additional tax on 2018/19.

The cost of defending yourself professionally is potentially huge; enquiries are taking longer and the defence costs are increasing.  Even when the outcome of the enquiry results in no adjustments to your tax position, the cost of the defence can be just as costly.

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This year the cover has been expanded to reflect the increased likelihood of investigations into the Self Employed Income Support Scheme (SEISS) claims which may in the end not be justified and also the JRS Furlough Claims on payroll costs – as well as Gift Aid cover and Land and Buildings Transaction Tax.

As an additional bonus, if you take out a policy with us you will be entitled to access the Markel Law Hub for FREE – a toolkit for SME’s created and maintained by qualified solicitors and business advice experts.  This online service is dedicated to helping you with questions or worries that arise as part of running your business.

To subscribe/renew your subscription to our tax investigations service, simply click on the link which will take you to our payment microsite – making things quick and easy – and you will be protected immediately.  If you have any questions on what category you or your business fall into, please contact us and we will be happy to help. 

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