Tax Defence

What is Covered

• Tax Return Enquiries: Reimburses professional expenses for HMRC full or aspect enquiries into Corporation, Partnership, Sole Trader, Personal, and Trust tax returns.

• Employer & VAT Disputes: Covers disputes and inspections regarding VAT compliance, PAYE regulations, IR35 status challenges, and National Minimum Wage Act compliance.

• Property & Asset Enquiries: Provides cover for enquiries into Capital Gains Tax, Inheritance Tax, and Stamp Duty Land Tax (or regional equivalents).

• Audit & Specialist Checks: Includes coverage for HMRC audits into Research & Development tax relief, Gift Aid Scheme claims, and checks on CJRS or SEISS claims.

   

What is Not Covered

• Pre-existing or Serious Investigations: Excludes enquiries existing prior to the policy start date, as well as specialist investigations involving civil or criminal fraud (Code of Practice 9).
• Late Submissions & Non-Compliance: No cover is provided if tax returns are submitted significantly outside statutory time limits, or if there is a failure to notify or register for tax.
• Taxes, Penalties, & Avoidance: Does not cover the actual taxes, interest, or fines payable to HMRC, nor does it cover tax avoidance schemes (DOTAS) or bespoke tax planning.