Protection from the costs of HMRC tax investigations.
Why Take Out Our Tax Fee Protection Scheme?
Tax fee protection, also known as tax investigation insurance protects you from the costs of a tax investigation by HMRC.
The UK government recently announced an investment of over £100m into a task force that will be focused on tax investigations. This is to combat the estimated £3.5bn fraudulent claims made relating to Covid-19 support packages, among other tax offences.
This task force will target claimants of the Coronavirus Job Retention Scheme, the Self-employment Income Support Scheme and bounce back loans.
The investigation can be detailed and very time-consuming, which means that even if no extra tax is payable the cost to your business can be substantial. However, with our tax fee protection scheme, the cost of our time is covered by your premium.
Our standard annual fees do not cover the additional costs of handling HMRC enquiries and compliance checks. Therefore, we strongly recommend that you are protected against such unexpected costs by taking out Tax Fee Protection.
Tax Fee protection Cover
The Tax Fee Protection Scheme provided by K.A.Farr & Co Tax means that if you are selected by HMRC for a tax enquiry, we will robustly defend you against any unjustified questions.
Wherever HMRC undertakes any checks and it is necessary for us to be involved, the enquiry will be covered by our Tax Fee Protection Scheme (subject to the normal terms and conditions). As you would expect where a claim is fraudulent or contains significant inaccuracies it will not be covered by the scheme.
Protect your business against fines from HMRC
If you are not currently protected by our scheme you have the opportunity to purchase the protection for only £125.95 per annum.
Our annual cover is available for only £125.95 per annum. To take out this valuable business protection simply contact us on 01704 211434 or by email at firstname.lastname@example.org and request to purchase Tax Fee Protection.
Sue Siddeley – Owner, Sion Properties, Southport
I was recommended to the company about 15 years ago. Kath has always looked after our business interests and I would certainly recommend her. I’ve even got my Dad to leave his long standing accountant and move to Kath!
Paul Hawkins – Hawkins Asset Management Limited
Helpful and informative at the start of the relationship
Mr Zavieh – Delizzis, Southport
I use KA Farr & Co because of their efficiency and friendliness
Dennis Gregory – Bryden International Limited
What I like about Farr’s is that they give friendly, easily understood advice. You make us feel that you are very much part of our business, and you share in our success or failure. Your new website and letterheads have moved you into the “modern” era. I like them. I would mark you a 5 on the Richter scale for good dealing experience.
Julie Rhodes – Director, Tim Rhodes Stone Solutions Ltd
On recommendation we used KA Farr & Co to register and set up our Limited company. We had minimal knowledge or experience in running our own business but were given clear explanations and advice on all aspects including personal tax, corporation tax, VAT registration and Payroll. Being inexperienced, the advice, guidance and on going efficient service provided has been of great benefit to us, giving us total peace of mind that our tax liabilities are taken care of.
Mr and Mrs Rose – The Edendale House Hotel
I have used KA Farr ever since I started my business 17 years ago. They are extremely helpful and reliable. Our relationship is like having a good friend on your side. Everyone is helpful, knowledgeable and always do what they say they will when they say they will. Thank you so much.
Paul Bell – Director, P.R.B. Consulting Ltd
I chose K.A.Farr & Co as my company’s accountancy advisor because they are a well established and highly respected local firm. I’ve always found them to provide me with a relaxed and fairly priced, but thoroughly professional, service – allowing me to concentrate on running my business.
Richard Dehn – Partner, Bury Road Off Licence
K A Farr & Co are always totally approachable with any questions or problems that may pop up……and…….they always seem to come up with a sensible answer. Over the years I have never been left wondering about an accounting or tax issue, I just get on the phone straight away. They are an invaluable business tool to be used to make the day to day running of your business so much easier.
Martin Jackson – Roxby Training Solutions Ltd
Our business partner has used KA Farr & Co for many years and has always been very satisfied with the service. Personally, I have always found KA Farr & Co helpful and value their professional opinion
Sherie Halsall – Peter Halsall Removals and Storage Ltd, Southport
We wanted an accountant with a good reputation to give us accounting support. Everything to date has been fabulous!