Are You Protected Against a HMRC Investigation?

HMRC hold an unprecedented level of information on UK businesses and taxpayers and have invested heavily in compliance activity in order to collect additional tax revenues. Our team of ex HMRC inspectors has a combined experience of over 125 years and understands the inner workings of HMRC, meaning they can assist with every stage of an enquiry to mitigate the impact on those most affected.

Here at Rawcliffe & Co we are partnered with Markel Tax one of the leading firms in fee protection insurance. Should HMRC chose to investigate your company, Markel Tax cover the cost of our investigation fees, so you don’t have to.

What do Markel Tax do? 

Our high-quality insurance cover will cover the costs of HMRC investigations. You’ll have direct access to key decision makers who provide a flexible and supportive approach to underwriting. This is complimented by accurate and transparent policy documentation leading to fast and fair claims settlement.

Innovative and flexible solutions 

Our comprehensive fee protection policies provide cover up to £125k in the areas where you need it most. We closely monitor HMRC activity in order to introduce innovative cover that reflects the day-today workings of inspectors and the risks that taxpayers are facing. Your account manager can help guide you through this process and will design a solution that’s perfectly crafted for you. Coverage can include:

What does fee protection insurance cover?

Fee protection insurance provides coverage in the event that there is an HMRC enquiry or dispute. It is a great way to protect you and your clients against HMRC investigations, and to bring additional revenue to your firm.

·         Full and aspect enquiries into corporate, partnership, sole trader or personal tax returns

·         Disputes relating to VAT, employer compliance (PAYE, P11D and NIC), employment status, and IR35

·         Schedule 36 pre-dispute matters and HMRC use of information and inspection powers for VAT control visits, employer compliance visits and checking employer records

·         Inheritance Tax enquiries up to £5,000

·         COP8 enquiries up to £5,000

·         National Minimum Wage pre-dispute matters

·         Interventions

·         Requests for information

·         Capital Gains Tax

·         90 days’ late return cover

·         No excesses

·         Stamp Duty Land Tax (SDLT) – England and Northern Ireland; and Buildings Transactional Tax (LBTT) – Scotland; and Land Transaction Tax (LTT) – Wales

·         Gift Aid cover

Should you need any further help or support please contact us.

The Rawcliffe & Co team is available via phone or email Monday to Friday, 9-5pm.