Fee protection insurance
It's a fact of life that anyone who completes a tax return could be selected for investigation. It may be totally at random, or if there is a reason, HM Revenue & Customs do not have to explain why you have been targeted.
- It is estimated that £415 million was raised through investigations into self assessment returns over the last year. This 35% increase on the previous year means that on average they are netting over £5,100 for every enquiry they launch.
- Investigations and disputes with HM Revenue & Customs can be distressing, disruptive and expensive. The costs to defend these incidents, even though you may be wholly innocent, can be substantial.
- Paish Tooth are concerned about this situation and have set up TaxSafe, an insurance backed service that provides you with the right level of defence to achieve the best possible results in these circumstances.
- For a small annual fee, Taxsafe will provide you with the equivalent of up to £75,000 of professional fees costs per enquiry.
- Businesses can also benefit from access to a Support Helpline, which is manned by experienced, qualified specialists in the fields of Employment, Health & Safety and Commercial Legal issues. In this increasingly litigious world, the helpline alone could save your business considerable time, expense and disruption.
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Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.
