Our Tax Investigation Service will cover our professional fees that result from most types of HMRC enquiry or investigation. Unlike some fee protection products that appoint their own advisors, our Service ensures that we can represent you throughout. We believe that we know your business best and we want to be there for you when you need us most.
Under the Tax Investigation Service, we can reclaim our costs in protecting you during a tax investigation and we will be able to defend you in the event HMRC check your books and records or visit you to check PAYE or VAT Returns. Protection starts from the very first request.
Our tax investigation service, which is backed by an insurance policy that we hold with Croner Taxwise will cover our professional fees that result from most types of HMRC enquiry or investigation (full details are listed in the ‘service summary’).
Peace of mind
For peace of mind, we recommend that every client should be protected in the event of a tax investigation and subscribe to our Tax Investigation Service as tax investigations are expensive and can last several months and even years.
We will be free to work on your case for as long as it takes to bring about a resolution, up to the policy limit.
For limited companies and partnerships, the tax investigation service provides inclusive cover for all relevant individuals. When a business signs up to the service, all its directors, partners and their spouses and company secretaries, will also receive representation during an investigation into their personal tax affairs, as well as those of their business.
To provide this service, we need to be acting as the personal tax agent for the individuals in question. A sole trade subscription is, however, required where the individual has any self-employment income (outside of the main business) and/or gross rental income received as a landlord that exceeds £50,000 or more per annum. If this additional cover is not taken out, these particular sources of income will not be covered by any future HMRC investigation into the individual’s personal tax affairs.
Additional Benefit: Round-the-clock-client legal helpline
When you subscribe to the service, you will get access to the helpline which is available to deal with common legal issues such as:
- Health and safety
- Employment and personnel
- Commercial legal matters
HMRC have the powers to make unannounced visits to any business
Sometimes these visits can be late at night. Clients who subscribe to our Tax Investigation Service will now be provided with access to a free helpline to provide you with expert advice on how to deal with this situation “there and then” should you receive an unannounced visit from HMRC.
When faced with this very real threat it is important you have the support and advice of an expert 24/7 and 365 days of the year. Our “out of hours” helpline will do this for you. It is not uncommon for HMRC to visit a business at 11.00 pm at night. Should this happen to you it is great to know that you will have the peace of mind of instant access to an expert to advise you accordingly.
At DRG Chartered Accountants, we provide a range of tax and accounting services. If you would like to find out more about the DRG Chartered Accountants Tax Investigation Service, please do get in touch.