Tax fee protection insurance

Remove pressure from a tax enquiry

While most tax investigations are done when there’s a notable inconsistency in the tax documents businesses send, HMRC doesn’t actually need a reason to inquire into your business or personal tax affairs. That means you’re at risk of a costly investigation at any time. It’s annoying, but surely there’s something you can do about it?

Fortunately, there is – you can purchase tax fee protection insurance. If you do this with us, you’ll be covered for all accounting and professional fees that we would usually have to ask for during an HMRC enquiry, which can save you a lot of money in the long run.

With detailed and intrusive questions that require a lot of work to research and answer properly, enquiries can get expensive quickly. They may drag on for months or, even, years. This often, unfortunately means that many don’t have the time or funds to fight their case effectively.

But, imagine if fees aren’t a problem for you – you suddenly have a major card to play and can afford to represent your case properly, which we would also be happy to help you form and present.

How much will it cost and how do I purchase the insurance?

Costs for the service are dependent on whether you are taking out cover for an individual or a business, and on the type of business being covered.

Costs for cover for the 12 months from 01 May 2024 have been frozen for the third year running and are:

Private client – £66*

Sole trader – £216*

Limited company, partnership or LLP – £276*

*All prices inclusive of VAT at 20%

If you would like to find out more or take out this cover, please contact us.