The Hayhoe Webb Partnership has been providing all our clients both large and small with Tax Investigation Insurance cover for many years.
Unlike many firms of accountants, we do not view the provision of this important insurance cover as a way of making additional profit by selling the insurance to our clients. We automatically enrol you into the scheme from the day that you become a valued client.
Unfortunately, we are not always very good at telling our clients this.
It is widely anticipated that HMRC enquiry levels will start to increase in the coming months as the new government continue to face budgetary pressures, we therefore thought we should bring this to your attention.
The cost of dealing with an enquiry can be costly and our service provider has stated an average fee for dealing with a personal tax enquiry is £3000, with corporation tax enquiries at £5,000.
On this basis therefore we thought we should, firstly bring the possibility of more stringent scrutiny from the authorities to your attention and, at the same time, assure you that we have you covered.
Should you wish to discuss further please don’t hesitate to contact me.
Send me my free Tax Enquiry pdf
For more information on HMRC tax enquiries and our tax investigation insurance:
The Author:
Paul Hayhoe
Senior Fellow Member, Association of Accounting Technicians (FAAT)
Paul qualified as an accounting technician (AAT) in 2005 and as a Licensed Member in Practice, his work is regulated on an annual basis through the AAT.
Paul is a hospitality industry insider with hands-on experience of the challenges and joys of running a hospitality business. He’s also very much a people person who pulls out all the stops to ensure his clients’ success.