If Her Majesty’s Revenue & Customs (HMRC) comes knocking, fee protection insurance protects businesses and their advisers against the cost of being investigated. Dominic Preist, head of tax sales at our partners Markel UK, explains how valuable fee protection insurance can be and when it’s worth paying more for quality cover. 1 – How does […]
Author Archives: Razeena Kumar
22
Feb
Feb
Fee protection insurance (FPI) offers substantial benefits to accountants and their clients. We outline why FPI is a win-win situation and why the industry must offer more support. The risk to companies of receiving an expensive HMRC visit is increasing rapidly. Except for a brief lull during the pandemic, the number of HMRC enquiries and […]
20
Feb
Feb
Her Majesty’s Revenue & Customs (HMRC) enquiries – which can be carried out on businesses and individuals – can be very stressful, time-consuming and costly for clients. It’s therefore vitally important that a professional accountant offers valuable guidance throughout the whole process to ensure clients achieve the best possible outcome with HMRC. Always check the […]
13
Feb
Feb
HMRC have a variety of tools at their disposal for conducting compliance activity. Code of Practice 8 (COP8) and Code of Practice 9 (COP9) are used where HMRC suspects tax fraud, and whilst tax fraud is a criminal offence, HMRC will often settle matters using the civil procedures available to do so. The Contractual Disclosure […]
19
Jun
Jun
Running a small business can be both demanding and rewarding. From the early days of being a brand-new start-up through to running a thriving well-established business, managing people will always be part and parcel of being a business owner. Whether you have a team of 2 or 20, it is important to get the people […]