The Revenue has been told to collect more money in a bid to close the ‘tax gap’ and small firms are thought to be an easy target.1 Even if the final outcome of an enquiry is that you don’t have to pay any extra tax, you will still be faced with a bill for our professional fees incurred in settling the matter. Indeed it’s not unknown for a taxpayer to be forced into a settlement simply because the costs involved in fighting the case were becoming unaffordable.
Why you need protection from HMRC
The government has recently announced a tough line on tax prosecutions and a promise to prosecute five times as many tax cases as Labour did. The much talked about tax gap means HMRC are more determined than ever to claw back money from taxpayers and they have even announced that debt collection agencies will now be used to collect an additional £140m of tax debt.
What does our scheme offer?
The CCH Business Support Helpline
For business clients only
Access for companies, partnerships, and sole traders to the telephone advice line manned by CCHexperts.
- The security of knowing that our scheme has been set up for us by CCHFee Protection, part of Wolters Kluwer – the leading global provider of tax,accountancy and audit information.
- With our TaxSure scheme you continue to deal with us, the accountants that you know and trust rather than a strangerwho doesn’t know you or your affairs. We will be free to work on your case for as long as it takes to resolve the situation,up to £75,000 per HMRC full enquiry.
How can I be included?
You are eligible for inclusion in our scheme as a private client if your tax return is a personal non-business return and any rentalincome is less than £50,000 per annum.
If you are an individual in business or do not qualify as a Private Client because your rental income exceeds £50,000 per annum you maybe included in our scheme as a Sole Trader.
Companies & Partnerships — including ‘Directors and Partners’
If you complete a tax return as a Limited Company or Partnership you may be included in our scheme as one of these entity types. Investigations into the tax return of the directors and partners of a business covered by our scheme are also included, provided that we actas the tax return agents for the individuals concerned. The tax return must be a personal, non-business return, which should not include any self employment pages, and gross annual rental income (per individual) must not exceed £50,000. If you fall outside of this criteria, separate cover is available – please contact us.
Investigations can hit you hard—let us fight your corner
Access to advice in the following areas: Employment and personnel issues, such as disciplining an employee, dismissal, and gross misconduct, Health & Safety issues, such as reporting an accident and hazardous substances, and Commercial legal issues, such as landlordand tenancy, company law and copyright and patent.
For a TaxSure scheme, please contact us NOW!
1. The Sunday Times August 29th 2010.
CCH is a trading name of Wolters Kluwer (UK) Limited. Wolters Kluwer (UK) Limited is authorised and regulated by the Financial Services Authority for general insurance business.