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Rule Datlen Mann
has received numerous enquiries from clients who have
been concerned about the new powers that the Inland
Revenue have gained through the Self Assessment regime.
Due to a government three year plan to raise £1.6bn
additional tax, interest and penalties from investigations
work there has been a significant increase in investigations.
The random nature of these enquiries means that no
one is immune from selection and unfortunately the
professional fees arising from an enquiry can be very
high.
Thankfully, help is at hand. There is
an insurance product that reimburses the cost of fees
incurred defending revenue authority investigations.
On an individual basis this insurance is very expensive
however when bought on a group basis, fee protection
can be obtained at very advantageous rates.
Rule Datlen Mann has set up just such
a group scheme for its' clients with Abbey Tax Protection
Limited who are the only provider of this type of
insurance to be accredited by the Institute of Chartered
Accountants in England and Wales. The insurance will
pay the costs of legal and accountancy fees that are
incurred representing you in the following example
disputes and investigations:
- Self Assessment Full Enquiries (Income
Tax and Corporation Tax)
- Corporation Tax Accounts Investigations
- PAYE, P11D (return of benefits) and
National Insurance Contributions Disputes
- HM Customs and Excise VAT Disputes
- Income Tax and Corporation Tax Aspect Enquiries. (Excess of £250 and a limit of £2500).
Please remember, these enquires can
be undertaken on any Self Assessment return - whether
you are in business or not - no one is immune!! Now,
more than ever, we feel that the insurance is a necessary
protection.
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Scale of Charges
(Inclusive of Insurance Premium Tax)
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£ per annum
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| Personal Tax |
55.00
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| Sole Trader |
125.00
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| Partnership |
125.00
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| Company |
250.00
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For further details contact us by
clicking on our email address below or telephone 023
8033 6655.
Email: soton@ruledatlenmann.co.uk
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