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Friday 25 May 2012
You'll be responsible for proving your innocence or agreeing to the Tax Inspector's demands. Unfortunately, your defence will cost considerable time and money - even a basic tax enquiry can cost you several thousands of pounds and typically last up to 19 months!
Our Tax Investigations Insurance will provide you with full, expert representation from a James Cowper Kreston expert to handle HMRC on your behalf and negotiate the best possible result for you. For only a small annual fee, you'll get an outstanding level of protection and complete peace of mind.
The tax authorities are cracking down on tax compliance to rake in huge sums of money for the Exchequer and innocent taxpayers are being caught in the crossfire. Please remember that:
In addition to random enquiries, over the past 2 years, HMRC has targeted specific trades and professions in order to increase the tax, take - Hospital Consultants, Plumbers, Vets, Cash Trades and particularly Personal Clients have all felt the fury of the taxman. Even worse are the Business Records Checks where HMRC are selecting 20,000 SME's each year to review the types of records they hold. These Checks have already begun so subscribe to our insurance today to ensure you are fully protected.
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To find out more, or to subscribe, please contact Jo Grieve or call +44 (0)1635 553261. Alternatively contact your normal James Cowper Kreston representative.