Fee Protection
"Do you think I need to take out this type of insurance?" It's a question we are always being asked. The answer is always the same... "We don’t really know!"
The facts are that the H M Revenue & Customs (HMRC) has the power to open an enquiry into any tax return or a set of business accounts. No reasons are given for opening an enquiry and thousands are started every year at random.
With every enquiry comes additional accountancy costs and this is why we offer clients the option of joining the tax enquiry scheme we have set up with Qdos Consulting.
Here’s an example of a client who is really pleased that he subscribed to our scheme. His enquiry was opened in July 2007 and was finally completed 15 months later. (Some enquiries take even longer to complete). Total Accountancy costs relating to our involvement in the enquiry amounted to £6,180.00. Thankfully our client was able to re-claim these costs under the scheme –the only cost he incurred was the annual premium of £145.00.
We have researched the market and found Qdos to be competitive, and not only this, their scheme also offers an Employment and Health & Safety Support Service. This gives clients joining the scheme telephone access to the Qdos specialists on any matter relating to human resources, employment and health and safety law and its associated compliance requirements.
If you want to join our scheme or have any queries on it...
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Contact Steven Strawther