Our Tax Protection plans are designed for accountants who wish to offer Tax Protection Insurance to clients. We provide alternative methods of providing the cover to clients, depending upon the accountant’s FCA regulatory status. Elements of the policy are as follows:

Client Plan

This insures the client and the accountant will need to hold FCA regulatory status in order to act as an insurance intermediary.

Practice Plan

Under this Plan, the accountancy practice is the insured policyholder. The practice can offer clients a tax protection service. The practice is not offering insurance and does not need to be an FCA regulated intermediary.

For either plan, the practice can decide whether to cover all clients or just those who actively decide to join the plan.

Limit of Indemnity

  • The standard limit of indemnity for Tax Protection Insurance cover is £50,000 per claim, but limits of up to £100,000 per claim are available under both Plans.

Tax Protection Cover

Professional Fees regarding:

  • Income Tax enquiries.
  • Corporation Tax enquiries.
  • Employer Compliance disputes.
  • IR35 disputes.
  • VAT disputes.
  • Schedule 36 pre-disputes, including real time record reviews, interventions and business record checks and VAT and PAYE compliance.