Our Fee Protection Plan is designed to protect you from the costs of accountancy Fees for defending you against a Tax Investigation.

The following is a case study (based on a real case) to illustrate the benefits:

X was a Car Dealer. His accountancy bill was £600 + VAT. His tax bill was nil and the Inland Revenue decided to investigate. They challenged the low income shown on the Return and wanted to show that the income was at a level where at least £1500 of tax would be due (plus penalties plus interest). X was part of the Fee Protection Plan which had cost him an additional 12.5% on his fee.

We were able to demonstrate to the Inland Revenue that the Tax Return was correct but this work took several letters, telephone calls and meetings. This resulted in a fee of £400 plus VAT. Because X was in the Fee Protection Plan this fee was paid by the Insurers, not by X.

The plan will cover work up to £8000 to defend a case.