Investigation Protection

Following my last article about how ruthless the taxman can be I thought I’d share some details about the Sackmans Tax Investigation Protection service.

The service covers the costs of professional fees for dealing with an Investigation and gives you a dedicated team of legal consultants, barristers, solicitors and legal executives.

There is unrestricted access to the service and it does not just cover tax investigations. You can call about any commercial legal problem. This includes contracts, landlord/tenant queries, employment as well as health and safety.

The service for tax investigations is up to £100,000 and covers both the full and aspect enquiry. Like any services there are conditions and exclusions but it covers:

• PAYE
• VAT
• IR35
• Business Inspections
• Specialist Investigations (limited to £5,000)
• Interventions
• Partners and directors personal tax

What is not included is making good your business records, claims on matters which originated before the cover started and accounts/returns which are submitted more than 90-days late.

Make sure you are protected have the assurance of good financial systems and record keeping.