Premier Protection is an all-embracing Fee Protection Insurance Policy that provides the ultimate protection for your clients.
£100,000 indemnity with no excess
No inner limits (Except Special Civil Investigations and Judicial Review at £5000)
All-embracing clause – Covers everything unless specifically excluded
Cover for the Policyholder (including Directors/Partners/Company Secretaries and spouses where applicable and subject to external income limits) to be represented by the appointed consultant in the event of an HMRC enquiry, intervention or dispute for fees incurred up to £100,000.
Any consequent appeal to the First-tier Tribunal (Tax), Upper Tribunal (Tax and Chancery) or Employment Tribunal and any appeal against such a tribunal’s decision.
After an appeal to the Upper Tribunal or where there is no right of appeal to the tribunal, the Policy will cover an application for Judicial Review.
Any compliance check started by HMRC regarding the Policyholder’s compliance with:
- Income Tax and/or Corporation Tax Self Assessment
- National Insurance
- Construction Industry
- National Minimum Wage or Gift Aid Legislation and Regulations
Any consequent dispute with HMRC after the issue of an assessment, computation of liabilities, written decision, notice of VAT civil penalty or notice of underpayment of the National Minimum Wage and any claim in respect of:
- Inheritance Tax enquiries
- Child Tax Credit enquiries
- A compliance check carried out under HMRC Code of Practice 8 (provided fraud is disproved)