Don’t walk the tightrope
Is your luck about to run out?
Tax Inspectors were given greater powers earlier this year, which means more and more businesses are at risk of investigation.
Last year, with a remit to investigate about 1 in 25 businesses, the Inspectors generated an additional £1.156billion (YES – that is billion), for the Exchequer.
With their new powers, they are now looking to investigate 1 in 10 businesses with a target to generate an additional £3billion.
The odds are shortening. The taxman is cracking down on businesses that don’t pay the right amount of tax, but INNOCENT TAXPAYERS are being caught in the crossfire. Tax investigations are chosen at random and you could be an unlucky target.
Tax investigations are:
- Expensive – accountancy fees regularly exceed £5.000
- Time consuming – the enquiry could last several years
- Harrowing – you will be at the mercy of the Revenue
You could be next!
It’s time to take action
Tax Investigation Protection
If you are unlucky enough to be investigated, the right accountancy protection is vital – but this can cost thousands of pounds. Too many businesses simply concede to the Revenue’s unreasonable demands as it is too expensive to prove their innocence and of course in the current economic climate, the Revenue will be looking to collect as much tax as possible for the Exchequer. Our Tax Investigation Protection reimburses the cost of our professional fees in the event you are investigated by the Revenue so that you can fight the taxman on an equal footing.
Protect yourself NOW
The package reimburses our professional fees up to £75,000 if you suffer one of the following investigations:*
- Income Tax Self Assessment Full Enquiries
- Corporation Tax Self Assessment Full Enquiries
- HMRC VAT Disputes
- Employer Compliance Disputes
- IR35 Disputes
*Please ask for further details
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Business Legal Advice
With constantly changing legislation and an increasingly litigious society, it is more and more difficult to ensure your business complies with the law. Business clients who subscribe to our Tax Investigation Package will also receive access to a free, 24 hour Business Legal Helpline designed to help you stay on the right side of regulation. The Helpline, manned 365 days a year by a large team of specialist lawyers, can advise on:
- Employment Law matters
- Health & Safety legislation
- Commercial issues
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