ACE Accounts Consultancy is now offering our company clients ‘Tax Enquiry Fee Protection‘, backed by our firm’s insurance policy through Vantage Fee Protect, for just £12.42 per month (£6.25 for sole traders); to cover the professional costs incurred in the course of dealing with an enquiry, should HMRC select you or your business for investigation.
If you subscribe* to our Fee Protection Service, and are later selected by HMRC for an investigation or enquiry, we will defend you in order to achieve the best possible result for you and/or your business.
In summary, we will complete the following whilst recovering the associated professional costs directly from our insurer:
- Respond to HMRC on your behalf
- Deal with all correspondence
- Prepare and defend your case
- Negotiate the best possible outcome for you and/or your business
HM Revenue and Customs are under enormous pressure to raise revenue and are therefore carrying out an increasing number of enquiries. HMRC may conduct an enquiry or investigation into your business or personal affairs at any time and you may be simply chosen completely at random; or you may be selected by HMRC’s mega-computer, ‘CONNECT’, which trawls through millions of pieces of data from various sources including ‘social media’, land registry records, DVLA, credit referencing agencies, banks, and from sites like eBay and Airbnb. (https://www.companydebt.com/hmrc/hmrcs-connect-computer-system/)
Disputes with HMRC can be lengthy, stressful and extremely costly! The professional fees incurred in dealing with all aspects of an enquiry, and responding to HMRC’s letters can quickly spiral. Even if you are completely exonerated and found to owe no further tax at all, you could still rack up some very hefty costs; an enquiry or an investigation from HMRC could take months or even years to resolve. Our Tax Enquiry Fee Protection Service protects you against these potential costs, giving you complete peace of mind…
Please see our Tax Enquiry Fee Protection leaflet attached with further information.
*If you choose to pay for our Tax Enquiry Fee Protection service, it would cover the costs in defending your company or sole trade business; as well as to defend you personally, should HMRC open any enquiries into your business’ or your own personal tax affairs.