logo
MENU

Tax Enquiry Scheme 2021/22

Date:
Category: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.

In the UK we live in an environment whereby the taxpayer is responsible for their own tax liability. HMRC opens investigations to see if the taxpayer has paid the right amount of tax on a random or selective basis. All this helps the government fill its ever expanding public finance black hole, which is even more of an issue in the current climate.

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  01623 420269.

Please note that we need all declarations and premiums payable by 1st April 2022 so act quickly when the letter drops through your letterbox.

Related news

Don’t get caught out by scam contacts posing as HMRC! HMRC have updated their guidance with examples of related phishing emails, suspicious phone calls and texts to help individuals identify when they are being scammed. Follow the link below. https://www.gov.uk/government/publications/phishing-and-bogus-emails-hm-revenue-and-customs-examples/phishing-emails-and-bogus-contact-hm-revenue-and-customs-examples

View article

2024-25 Tax Rates

Please visit our tax rates guide to check the tax rates you are using from the 6 April 2024 are the correct ones.

View article
ICAEW-chartered-accountantsACCA-platinumACCA-practisingHandpickedsage-logoxero-logoquickbooks-logofreeagent-bronze-partner-badge 2023-RGB

We use cookies to ensure you get the best experience on our website. Read more in our privacy policy.