Stopfords
Stopfords

Tax Enquiry Scheme 2020/21

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Latest News

Within the next couple of weeks we will be mailing all our clients inviting them to join/renew the tax enquiry scheme. For more information please click here .

Sources indicate that HM Revenue and Customs will be targeting more small-medium sized businesses to improve compliance therefore we can expect to see an increase in the volume of HMRC enquiries/compliance checks.

Answering all of HMRC’s questions takes time and the enquiries often drag on for months and sometimes take years to conclude. It can cost thousands of pounds to defend you, whatever the end result. The scheme will cover the professional fees incurred in the event of an HMRC enquiry/compliance check therefore giving you peace of mind that no additional accountancy costs will be payable by you directly.

If you take out the cover you will automatically gain access to FREE advice lines, this can support you and your business with Employment Law, Health & Safety and Legal Advice.

If you have any questions resulting from the letter you receive or indeed any queries regarding the scheme then please do not hesitate to call Ruth Wilson or Tim Taylor on 01623 420269.

Please note that we need all declarations and premiums payable by 1st April 2020 so act quickly when the letter drops through your letterbox.

Related news

The Information Commissioner’s Office (ICO), the UK’s data protection regulator, has launched a campaign to remind businesses of their legal responsibility to pay a data protection fee.

View article about Data Protection Fee – ACT NOW!

From 06 April 2020, where a parent loses a child under the age of 18 or suffers a still-birth from 24 weeks of pregnancy, they will be entitled to 2 weeks statutory leave and potentially statutory bereavement pay.

View article about Parental Bereavement Leave & Pay

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