Tax investigation Insurance
Inclusive tax investigation cover, should you need it.
HM Revenue & Customs (HMRC) routinely check a proportion of tax returns to make sure they are correct. They may also decide to conduct an extensive examination of all areas of your tax affairs, including an in-depth review of your tax return records.
These enquiries take time and money to resolve. Tax Investigation Insurance is designed to remove the burden should you be subject to investigation. The policy indemnifies you for professional costs whilst you are being represented.
These enquiries take time and money to resolve. Tax Investigation Insurance is designed to remove the burden should you be subject to investigation. The policy indemnifies you for professional costs whilst you are being represented.
How much does it cost?
Annual tax investigation insurance cover can cost over £100, but for UKALA members with a turnover of less than £10 million it is included as part of your membership. The summary of cover, which sets out the significant features, benefits, limitations, exclusions and the policy wording of the UKALA Tax Protection Insurance Scheme, can be found at www.pfponline.com/ukala