Protection from the cost of an HMRC Tax investigation
We advise all our clients to join, or renew membership of the Dafferns Tax Fee protection scheme this October
Cover for businesses, individuals, companies and their directors
Full HMRC tax enquiries
Aspect enquiries from HMRC – where they enquire about specific items in your tax return or accounts
IR35 status disputes
Paye / Nic enquiries / Employer Compliance Visits
Business Support Helpline, staffed by qualified, experienced specialists on the following topics:
Health & Safety
Commercial Legal Issues
Why you need protection from HMRC
Our Fee Protection Service (Premier Protection) has been especially created to deal with HMRC’s new powers and to protect you against the unexpected costs of an investigation. If we become involved from the start of any investigation, you are far more likely to escape paying extra tax or penalties.
The environment surrounding HMRC enquiries has changed considerably in the last 12 months and new methods and increased powers mean HMRC are more determined to claw back money from tax payers.
Our service provider CCH saw claims increase by 41% in the 12 months to March 2014.
In most cases Premier Protection will provide you with the equivalent of up to £100,000 of professional costs per incident resulting from a written HMRC intervention, including Employer Compliance (PAYE, P11D, NIC) and VAT.
Dafferns still do the work, so you will continue to deal with us, the accountants who know you and therefore be able to work on your case for as long as it takes to resolve the situation, up to our insurance policy limit.
People just like you are at risk from HMRC
Facts and Fiction Dafferns conscientious and will always help manage the risk of a tax investigation, but every axpayer’s situation is unique and the risk can never be eliminated
Fiction: HMRC only investigate those who avoid tax
Fact: Every tax payer is at potential risk of being chosen for investigation
Fiction: You won’t be inves gated if your records are accurate and you pay your taxes on me
Fact: HMRC’s inspectors don’t know your record keeping is accurate and up to date; however perfect your bookkeeping is, you can still be investigated
Fiction: I have a great accountant and simple tax affairs
Fact: Unfortunately, HMRC don’t consider who your accountant is when opening an investigation.
Policy terms and conditions
The small print - Key information for clients on the Dafferns CCH Fee protection Insurance policy for 2016/17