Why do you need protection from HMRC?
HM Revenue & Customs are more determined than ever to increase the tax yield from tax payers. So, with the increasingly complex tax environment and HMRC's more sophisticated methods of checking for non-compliance, it's essential that you are able to defend yourself in a tax investigation.Ship Shape Accounting has teamed up with tax specialists CCH to provide the Premier Protection service, a low cost comprehensive protection from the potentially large professional fees involved in an investigation (even where the Contractor is found to owe HMRC nothing) and even indemnity from HMRC IR35 fines should the worst happen. Claims through this popular service increased by 10% last year.
The Premier Protection Service has been especially created to deal with HMRC's new powers and protect you against the unexpected costs of an investigation. Furthermore, if we become involved from the start of any investigation you are far more likely to escape paying extra tax or penalties. The service covers:
- HMRC Full Enquiries
- HMRC Aspect Enquiries
- HMRC non-written approaches
- Construction Industry Scheme reviews
- National Minimum Wage checks
- Employer Compliance reviews
The Premier Protection service will pay reasonable costs for us to review potential risks identified by HMRC from the start of an enquiry, for as long as it takes to resolve the situation, up to £100,000 per HMRC investigation. This includes their checks into your Tax Return, PAYE, P11D, NIC and VAT affairs.