Fee Protection Service

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Protect Yourself from the Cost of an HMRC Investigation

We know that having HM Revenue and Customs investigate your personal or business affairs can be lengthy, stressful and costly. Unfortunately, no one is immune or exempt from the tax authorities taking a more detailed look at your accounts or tax returns. It is therefore essential we work alongside you throughout any enquiry which experience shows can last for two or more years.

We aim to draw any enquiry to a speedy conclusion and to minimise any tax, interest or penalties that may occur should HMRC determine there are further liabilities.

In recent years HMRC have developed a team of tax inspectors whose primary role is to raise additional tax. While we have worked with you to complete your accounts and tax returns this team is there to discover where income or gains have been understated.

The professional fees for attending to all aspects of the work can be substantial. Our Fee Protection service is an important aspect of ensuring you do not have to concern yourselves with the professional fees.

What is the Fee Protection service?

We can provide you with Fee Protection Insurance to protect you from the costs that may arise as a result of a Tax or VAT Enquiry from HMRC.

A tax investigation could cost you money even if you’ve done nothing wrong and anyone can be selected: a business, a director or an individual tax payer.

The Fee Protection we can provide is an all-embracing Insurance Policy that provides you with the ultimate protection.

The detail

The service covers up to the equivalent of £100,000 towards our professional fees resulting from an HMRC Enquiry.

Any compliance check started by HMRC regarding your compliance with:

  • Income Tax and/or Corporation Tax Self-Assessment
  • PAYE
  • National Insurance
  • VAT
  • IR35
  • Construction Industry
  • National Minimum Wage or Gift Aid Legislation and Regulations and;
  • Any consequent dispute with HMRC after the issue of an assessment, computation of liabilities, written decision, notice of VAT civil penalty or notice of underpayment of the National Minimum Wage.
  • Inheritance Tax enquiries
  • Child Tax Credit enquiries
  • A compliance check carried out under HMRC Code of Practice 8 (provided fraud is disproved).

Peace of Mind

Included as part of the Fee Protection Insurance is comprehensive access to the Employment Law, Health and Safety and HR expertise, all at no cost to you.

You’ll gain valuable access to highly experienced consultants who can provide you with their guidance and knowledge on a wide variety of subjects and issues.

Get in touch 

Please contact caroline.jones@dunkleys.accountants today to find out more about our Fee Protection service and how the small annual premium could protect you and your business from unwelcome additional costs.