TAX INSURANCE SERVICE

DON’T LEAVE THE COST OF AN HMRC ENQUIRY TO CHANCE

Tax investigations are time consuming, disruptive and can cause a great deal of expense and stress

Our Tax Investigation Service gives clients peace of mind in the event of an HMRC investigation

SAVING YOU MONEY AND STRESS

Every year, HMRC carries out enquiries into the tax affairs of individuals and businesses in the UK.  Due to COVID 19, and the huge financial cost of the UK Government’s coronavirus support schemes, many people are speculating that HMRC may intensify its efforts to try to recoup some of those funds. This means you could be more at risk of a tax investigation.

If you are selected by HMRC for enquiry, our Tax Investigation Insurance is designed to reimburse you or your company for the costs of representation.

The policy enables Square Mile to provide you with expert advice and support, so you are able to challenge unreasonable tax assessments from HMRC. You’ll have peace of mind knowing we will work on your case to resolve the situation and get the best possible outcome for you.

Covers fees up to £100,000 per claim (unless otherwise indicated) * The limit of indemnity for this is £2,000 ** The limit of indemnity for this is £5,000. This tax investigation protection only covers investigations related to tax returns completed by Square Mile Accounting. This policy does not provide cover for work completed by another firm or for clients who complete their own tax returns.

SUPPORT WHEN YOU NEED IT MOST

We are strongly advising clients to subscribe to the service. Once HMRC starts an investigation, you are responsible for providing all the information HMRC demands and it is likely you will need our help.  By subscribing to the Tax Investigation Service, the professional fees will be paid for (up to £100,000), so you are able to challenge unreasonable or opaque tax assessments from HMRC.

There has never been a better time to safeguard against the threat of enquiry.

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TAX INSURANCE LEAFLET

SERVICE SUMMARY

Tax Summary

BE REWARDED FOR YOUR INNOVATION AND BOOST YOUR BUSINESS

From understanding your eligibility to putting together a water tight application, here is our guide to how to maximise your R&D claim