Fee Protection Cover

Fee Protection Cover

By Published On: 2 February 2022Categories: Limited Company, Small Business Owner, TaxTags: ,

HMRC enquiries are unwanted and unexpected, and sadly for small business owners they can happen at any time, without warning. Here at Vantage Accounting we appreciate the stress and sometimes large financial implication an investigation can cause, and therefore want to offer our clients a way for them to rest easy, knowing that should they become subject to an enquiry, they’re covered, both financially and professionally.

Markel Tax – the perfect solution

We’ve partnered with Markel Tax, the industry experts in insurance against HMRC investigations. They provide industry tailored and appropriate fee protection solutions, designed to pay claims for the most frequent and relevant HMRC enquiries, and limit the damage and stress to both you and your business.

How does it work?

Markel Tax’s fee protection cover gives you access to their in-house tax and VAT helpline, which handles over 50,000 calls a year, and with over 60 tax specialists they’re able to support you when defending an HMRC enquiry. Their telephone support is available 24 hours a day, 365 days a year, with access to their expert legal advice line.

Should you receive a notification from HMRC that they will investigate you, simply forward a copy to your Vantage Accountant who will notify Markel Tax, or send the letter directly to Markel Tax team. They will then be able to advise you further on the process, and handle everything for you.

How can you add Fee Protection Cover onto your current Vantage Accounting package?

Simply get in touch with your Vantage accountant who will be able to add it onto your current Vantage package from £25 +VAT per year. For more information on Markel Tax you can take a look at their website, or get in touch with your accountant who will be able to advise you further.

Note: All the information and advice in this blog post was correct at the time of writing.

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