Summary of Tax Investigation Service
What does the tax investigation service include?
Your accountant is insured in respect of fees up to £100,000 incurred representing you in the event of any compliance
check, visit or investigation started by HMRC regarding compliance with:
| Corporation Tax Self-Assessment | National Insurance | VAT |
| Income Tax Self-Assessment | Construction Industry Scheme | National Minimum Wage |
| PAYE and P11D | CIR35 | Gift Aid legislation and regulations |
| Capital Gains Tax | Inheritance Tax | Stamp Duty (including Land Tax) |
| R&D | COP 8 (up to £15k of cover) | Appeals to Tax & Vat Tribunals |
Within your policy where applicable this service extends to include your Directors/Partners/Company Secretaries and their spouses subject to gross rental income being less than £50k and/or no self-employment income on self-assessment tax return. Cover can be offered for self-employment income and/or rental income in excess of £50k subject to an additional policy being purchased.
What is excluded?
| Fraud | Criminal Prosecutions | Tax Avoidance Schemes |
| Deliberate Omissions | Tax, fines, penalties & interest due | Enquiries commencing outside the Period of Service |
Making a claim
In the event of any correspondence or communication from HMRC relating to a potential enquiry or dispute, please speak
to your accountant straight away and get immediate professional advice. Your accountant will make a claim against their
Policy and credit the proceeds against your liability for fees. You could be liable for fees not covered by the Policy.
