Wednesday 8 August 2018

HMRC is on the prowl…

But don’t worry – our Tax Investigation Protection means you won’t have to take them on alone.

Tax investigations can happen to anyone, whether you’re an individual or in business.

And, regardless of whether you’ve been compliant or not, they’re on the increase.

Why? Because HMRC is working hard to collect more revenue than ever before. No longer is its role to only ensure that you or your business paid the right amount of tax; its key objective now seems to be to maximise the amount of revenue it can collect from taxpayers.

In the last financial year, HMRC generated a record £28.9bn from challenging accounts, tax returns and business records – simply by upping the number of compliance checks, enquiries and investigations conducted.

Not only that, thanks to global tax authorities liaising more closely with one another and the burgeoning amounts of data now available to HMRC, your chances of being selected for an enquiry have also increased dramatically.

It could be due to the nature of your business, where you live, your rental property or because HMRC has decided to target your particular profession – or simply through being selected completely at random!

So, how well would you fare in a HMRC tax investigation?

Could you successfully defend your case?

And, with in-depth tax enquiries lasting well over a year and able to run up thousands of £££s in professional fees (even if you’ve no case to answer), would your resources stretch to see it through properly?

Protect yourself and your business today…

Now the good news: we’re here so that you won’t have to tackle HMRC on your own.

Our Tax Investigation Protection Service is designed to help both your sanity and finances should HMRC start a compliance check on you.

The service is designed to reimburse the costs of your defence if you’re selected for enquiry, whilst at the same time providing you with the best possible representation and assurance that you won’t have to concede to HMRC’s demands on a purely commercial basis.  

As well as handling everything from start to finish to ensure you get the best possible defence, it also means you won’t have to worry about any additional professional costs associated with the process.

These are some of the benefits…
  • Experienced professional support on your side when you need it.
  • Round-the-clock legal support – available 24/7, 365 days a year.
  • Free Business Legal Helpline with access to a team of qualified solicitors and barristers for employment law, health and safety matters and commercial issues.
  • Unlimited calls and up-to-date advice in plain English reflecting the latest law changes.

Check out our Tax Investigation Protection microsite for more details.

There’s more detailed information on our Tax Investigation Protection microsite – find out what extra support is provided and how it can make a potentially stressful situation so much easier.

And if you have any queries, there’s also a dedicated FAQs page providing more information on the service and covering the common questions clients have on tax investigation.

Don’t want to be an easy target for HMRC? Then arrange your cover today!

HMRC is completely committed to driving its revenues, so this isn’t going to go away.
If you’d like peace of mind knowing that your tax affairs will be professionally defended with everything taken care of for you, you can register or renew your cover here.

It’s just a small annual fee and there’s now an easier way to pay.

This year, we’re delighted to offer significant savings on subscription through a new payment system and negotiating reduced rates with our provider.

You can renew your cover or sign up ready for 1 September 2018 by paying directly via our microsite.

And, if you’re a current subscriber, we’ve even more good news – while we’ve been implementing the new system we’ve given you 2 months’ extra cover free!

Remember, cover starts from 1 September and is only a fraction of the costs of a typical defence.

Good luck – and whatever you do: stay safe out there.

Until next month...