When it comes to accountancy and any surprises along the way, anyone who wants a solid base and peace of mind will want to ensure they have fee protection insurance in place. TaxKings assists in obtaining fee protection insurance for individuals and businesses looking to establish a sound tax base.
The idea of something like fee protection insurance may seem inherently odd; after all, what surprises could there be when you’ve been keeping your accounts in order? The reality is that tax investigations are a costly experience which puts a significant drain on resources.
TaxKings can help get in front of everything by helping you obtain tax investigation protection. If you feel you need fee protection insurance, get in touch right now.
You need to get on running your business. Through proper investigative services, our team can help you defend yourself properly.
Our fee protection insurance will help against:
An investigation can cover one or several different areas, from IR35 & VAT compliance to Corporation Tax & NIC compliance.
Suppose your tax bill is seen fit after investigation, and you don’t have to pay anything. In that case, the cost of protection fee insurance will look negligible compared to what you would’ve paid. We aim to get that figure as low as possible.
HMRC investigations/enquiries are slow processes. It is a case of months (not weeks) to get things moving. With an average investigation length sitting around 14-16 months, you want some protection to avoid losing time.
Sometimes there is no rhyme or reason for a business being investigated. HMRC is likely to pick a business at random or if they fall within a sector known for tax problems. Understanding why you’ve been chosen, and having us there, will only help.
With information so essential to investigations, it helps to have everything we can as the situation develops. The use of dedicated software lets you access and provide information when convenient.
Want more information on fee protection insurance? Feel like it is something you want to have just in case the unthinkable happens? Speak to TaxKings today.
