Product & Services

Fee protection

Practice Insured Schemes

Designed specifically for accountancy practices, Fee Protection Insurance facilitates a client- facing scheme that enables accountants to offer a fee protection service to their clients for an additional subscription cost.

In the event of an HMRC enquiry, clients subscribing to their accountants’ service, receive peace of mind. In the event on an HMRC enquiry, they have their accountant’s support, representing them throughout the process, together with financial reassurance with the accountant’s fees being covered.

Are you interested in setting up a policy for your accountancy firm but worried about the administration? PFP can help. Ask our team about our PFP Tax Services today.

Cover for HMRC Enquiries

Fee Protection Insurance protects accountants and their clients against HMRC tax investigations by providing comprehensive cover up to £100,000 and expert tax advice. Please note, inner indemnity limits may apply.

This can include:

IHT enquiries

Gift Aid inspections

Employment status disputes

Interventions (formal enquiries)

Partners/directors/company secretary and spouse cover

Application for a Judicial Review

Code of Practice 8 investigations

CJRS and SEISS compliance checks

Full enquiries

Aspect enquiries

Business inspection notices

VAT/PAYE/CIS compliance visits

VAT disputes

PAYE/NIC/CIS disputes

National Minimum Wage compliance visits

IR35 status check

IR35 disputes