Fee Protection
At Ashdown Hurrey we recognise that HM Revenue & Customs are increasingly conducting random investigations, aspect enquiries and disputes into personal and corporate tax returns and therefore we offer all our clients a fee protection scheme.
What is Fee Protection?
Fee Protection is an insurance scheme that will pay the additional professional fees that are incurred during an investigation, aspect enquiry or dispute by HM Revenue & Customs. Therefore, all our clients who are members of the scheme have to worry about is paying any additional tax due. The following video provides further information:
Please click the icon below for Business Support Helpline details:
Aspect Enquiries
With these types of enquiries on the increase, we offer representation against aspect enquiries. An aspect enquiry is an enquiry by HM Revenue & Customs into a specific area/areas of your tax return, without the request for sight of all books and records.
Directors & Partners Cover
Directors and Partners are covered for investigations, aspect enquiries and disputes into their own tax returns without the business being investigated. However for them to be covered, we must act as tax return agents for the Director or Partner and the tax return must be a personal one. Cover for Directors & Partners is included in the cover for the Limited Company or Partnership.
Business Support Helpline
Through our fee protection scheme, businesses can have access to a Business Support Helpline. The Helpline is renowned for the level of expertise and support that it provides to all types and size of business. The consultants who man the Helpline are recruited for their ability to draw on their own specialist knowledge and experience to provide tailored, practical, realistic solutions. They all have many years’ experience, which they have gained in different industry backgrounds.
The Helpline offers advice in the following areas:
The Helpline forms part of the fee protection scheme
The Fee Protection scheme we use is TaxSure from CCH Fee Protection. CCH are the market leaders in Fee Protection and have over 20 years experience.
How do you join?
Please contact Ashdown Hurrey on 01424 720222 or email us at feeprotection@ashdownhurrey.co.uk with any queries or for details on how to join our TaxSure Fee Protection Scheme.
How does the Fee Protection work in practice?
Small family run-restaurant:
The enquiry ran for four years, The Inspector was adamant that sales had been understated but the only additions were minor and in respect of private use adjustments. Final accountancy fees required to provide the right level of representation were just over £7,000.
Small family-run building firm:
A VAT dispute which concerned the businesses VAT registration. The case was decided in the client’s favour and over £30,000 of VAT was saved. The costs incurred in representing the client were approximately £8,500 over a three-year period.
Sole Trader Landscape Gardener:
HM Revenue & Customs claimed the gardener had understated his sales. The investigation ran for three years with fees approximately £7,000 being incurred to prove that the sales were not understated.
Medium sized retail firm:
The enquiry ran for 18 months and the firm incurred just under £10,000 in accountancy fees as a result. Following the enquiry, all the company had to pay was a further £200 in tax.
