Tax investigation fee protection

Although you will have insurance for your house, your car and different aspects of your business, you may not have considered insuring against the cost of an HM Revenue & Customs (HMRC) tax enquiry.

However, the government is placing an increasing focus on bringing in revenue previously lost through tax non-compliance, announcing in September 2010 that it would make £900 million available between April 2011 and April 2015 to tackle non-compliance.

In the second half of 2011, HMRC is also due to start checking the records of up to 50,000 smaller businesses. It estimates it could be losing out on tax payments in up to two million SME cases each year.

Although many HMRC queries and investigations can be resolved at an early stage, it does make sense to protect yourself and your business against the costs of a tax enquiry, which can run into thousands of pounds and take months, or even years, to resolve.

At LJL Services, we offer cost-effective tax investigation fee protection designed to cover the costs of the representation for you and your business in the event of an HMRC enquiry.

Our insurance will give you peace of mind that your case will receive high quality, professional attention while you concentrate on running your business, without feeling obliged to at an early stage because you are worried about the costs of challenging HMRC.

To find out more about how we can help you, or for a free, no obligation quote, please contact us.


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