Services & Fees

Fee Protection Insurance

Make sure you’re covered if HMRC comes calling

What can we do?

Fee protection insurance covers accountant fees incurred by representing you in the event of a tax inspection by HMRC.

Smith and Brown can offer tax fee protection insurance schemes through our partners at Taxwise, the leading specialist providers of this type of cover. Taxwise works with hundreds of accountancy practices and has approved 6,000 claims in only the past 12 months.

A Taxwise policy with us covers:

Full and aspect enquiries

Informal enquiries

Schedule 36 interventions and inspections

Business inspection notices

Business record checks

PAYE/NIC employer compliance visit disputes (& pre-dispute where required)

VAT compliance visit disputes (& pre-dispute where required)

Real Time Information (RTI) compliance visits

…and much more.

Annual cover can cost less than you think. Contact us for a quote.

  • Anyone could be HMRC investigated
  • Costs can be thousands of pounds
  • Accountant’s fees covered
  • Peace of mind

Further Reading

With more sophisticated methods of investigation and wider powers, the likelihood of a HMRC tax inspection or enquiry is greater than ever.

Even if you have nothing to hide, HMRC could still choose to look into your tax affairs, which can be a lengthy and costly process. Anyone who submits a tax return could be open to investigation, and costs can run into thousands of pounds.

A fee protection insurance policy allows your own accountants to robustly defend your case if disputes arise, with the peace of mind that their costs will be covered. It means there’s no need to accept unreasonable tax charges due to concern over professional fees.

For the large part, you can let your accountant deal with the matter, leaving you to focus on running your business.

Traditional Accounting

Dedicated Contact

Communications with HMRC & Companies House

Company Secretarial

Self Assessment Tax Return

Annual Accounts

Annual Returns

CT600 (Company Tax Return)

P11D

VAT

Payroll

CIS

Bookkeeping

Monthly Management Accounts

Accounting Systems Set-up

Business Startup – Company Formation

Tax Planning

Smart Accounting

Bespoke Reporting

Cloud Accounting

Financial Forecasting

Financial Goalsetting

Benchmarking and KPI’s

Dashboard Monitoring

Alert Monitoring

Virtual / Part-Time Financial Director / CFO

Non-Executive Director (NXD/ NED)

Cost Analysis

IT Services

Disaster Recovery Systems

Business Strategy

Workflow Management

Competitor Analysis

Monthly / Quarterly / Annual Performance Meetings

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