Tax Fee Protection Service
Each year HM Revenue & Customs (HMRC) undertake an enormous number of tax enquiries into individuals and businesses to check they have paid the right amount of tax. Since 2010 HMRC have strengthened their approach to enquiry work and consequently secured a record £30.3 billion of additional tax revenue in 2017/18 alone.
These results have been achieved by proactively targeting individuals, traders and businesses using sophisticated software, data and wider powers, enabling enquiries to be targeted more efficiently and on a greater scale than ever before.
Tax enquiries can last for months, even years and defending you against HMRC’s detailed questions requires specific expertise and can be time consuming and costly. Indeed, the cost of dealing with an enquiry can amount to thousands of pounds, even if no extra tax is payable.
At Contador Accountancy Services we can help you protect yourself with our tax fee protection insurance cover.