Fee Protection Service

The new body HMRC

Tax and VAT investigations are now instigated by a new single Revenue Department HMRC (HM Revenue and Customs).

HMRC Officers now have access to more information concerning individuals and companies then ever before.

Accountancy-4-U have for many years been able to protect clients against the cost of representing those who are subject to detailed enquiry by this new body and its predecessors.

If you have not availed yourself (or your company) of this service in the past we strongly urge you to do so now as HMRC investigations are becoming more wide ranging and therefore more costly each year.

Fee Protection Service

Nature of the plan

The plan takes the form of an insurance contract between us and Groupama Insurance Co Ltd and is administered by Copperfield Professional & Taxation Services Ltd.

The cost is billed as a service from us to the client and claims are made directly by us to the insurers.

Expenses Covered

The Plan enables us to represent each client for professional fees (including specialist external support if necessary) to a limit of £12,000 per claim in respect of each of the following categories:

a)    HMRC In-Depth Tax Investigation.

b)    PAYE Compliance Review Disputes.

c)    PAYE Audit Inspection Disputes.

d)     HMRC VAT Disputes.

e)     Department for Work and Pensions Investigation.

f)     Aspect Enquiries (to a limit of £2,000 per claim).

Uniquely this plan does not include an 'Honesty Clause' so that payment does not depend on the outcome of the investigation and is not effected by errors and ommisions identified by HMRC, late submission of accounts, or by the level of penalties imposed following the investigation.

The cost is calculated at 10% of the Accountancy Fees.