The Inland Revenue department has increased its target for full/detail tax investigations by fifty percent in 2001 with special emphasis on trades, professions including individuals.

This has resulted in an increased risk of your business/practice being subject to a full investigation by the Inland Revenue department, despite your accounts and tax returns being in order and submitted on a timely basis.

Therefore, in our capacity as your professional accountancy services provider, we wish to introduce you to a professional fee protection cover by a specialist insurer against tax investigations, which will take care of accountancy fees involved in such an investigation.

Policy Details

Through our partner, Professional Fee Protection Ltd the insurance policy will pay upto £75,000 towards any accountants fees in the event of a tax investigation. Special Compliance Office Enquiries can be insured for fees of up to £5000.

The policy can cover:

• Full enquiries
• VAT disputes (unlikely for a dental practice)
• Special Compliance Office Enquiries
• PAYE Disputes
• NIC Disputes
• Aspect Enquiries

For further details a summary of the terms and conditions are provided in the registration document which you can obtain directly from us.