Insurance Related Products
The Chancellor has set aside a special fund to support measures to ensure compliance with Tax Legislation. One strand of this attack is the enquiries conducted by HM Revenue & Customs. This has proved a highly profitable source of funds for the Treasury. Often the costs of dealing with the enquiry outweigh the tax at stake. We have seen a number of cases where following the enquiry, no additional tax has become payable but the business has been left with substantial professional fees to pay.
It is now possible to insure yourself and your business against the costs of dealing with such an enquiry.
Contact us for further details.