Tax Fee Protection

Infinity Financial Solutions has partnered with Vantage Fee Protect for our clients. From as little as £10 + VAT per month you, and your Limited Company can be fully covered. This also includes complementary expert telephone advice on Employment Law, Health & Safety and General Legal Issues. Full details of the cover are available on request – just get in touch to discuss. Contact Us today to find out more and to sign up.

The Problem

In the UK we live in an environment whereby the taxpayer is responsible for assessing their own tax liability by submitting a tax return.
HMRC opens enquiries to make sure taxpayers’ have paid the right amount of tax.
If selected for enquiry HMRC will write to you or possibly visit your premises.
At the end of the enquiry HMRC may look to raise an assessment for additional tax due.
HMRC use their sophisticated Connect database to analyse data from 30 different sources and target enquiries.
HMRC are under pressure for more enquiries to generate tax to fund the enormous spend through the Covid-19 pandemic.

Anyone who pays tax can suffer an enquiry or compliance check by HMRC. If this happens to you:

HMRC’s detailed and intrusive questions will take time to answer.
A lot of work will have to be done to respond to the questions asked.
The enquiries can drag on for months and sometimes years.
Professional fees of hundreds or thousands of pounds may become due as a result.

The Solution

We provide a service to clients under which, in the event of an HMRC enquiry or inspection:

You will receive the best possible defence.
You will not be charged for most professional costs incurred in your defence.
You will not have to concede to HMRC’s demands because of financial pressures.

The service gives you the comfort of knowing that we can fully defend you at no extra cost if you fall under HMRC’s spotlight.

Other benefits of the service

As an additional benefit this protection provides complementary telephone access to business support advice lines including support for employers with any adjustments made in response to the Covid-19 pandemic.

More specifically advice can be obtained on:

Employment Law – You can call regarding performance and absence management, TUPE, redundancies, calculating holiday entitlements, grievances, disciplinary processes and more…
Health & Safety Matters – Advice on risk assessments, fire safety, first aid, RIDDOR and more…
General Legal Issues – Advice on any UK personal or commercial legal issues.

This advice can be very valuable, particularly to many business clients, and is available to all subscribers to the service who need it.