eXtra, eXtra…Policy cover increased 33% to £100,000!!
Please click on the image above to download a copy of our information leaflet.
With a large national deficit, tax investigations are likely to increase as the Treasury tries to find additional revenue.
Last year, HM Revenue & Customs (HMRC) recouped 21% more in tax from wealthier taxpayers, and recent news suggests that HMRC is going to be putting more pressure on businesses and directors over the coming year.
When we prepare your tax return, we try to ensure that you maximise your allowances and deductions, so that you pay no more tax than you need to. But, if the Tax Man decides to investigate you, you’ll need some ‘eXtra’ help.
Anyone can be investigated
HMRC can investigate whoever it chooses and new powers mean officers can even call on you unannounced to conduct ‘compliance checks’ (investigations by any other name).
Vantis ‘eXtra’ solves these problems in one go!
- ‘eXtra’ protects you against the costs of defending yourself in disputes or investigations by HMRC.
- The level of cover has increased from £75,000 to £100,000.
- Your cover starts as soon as payment of the premium has been received, and there is no excess should you need to claim.
- ‘eXtra’ pays for a Vantis representative to be present whilst HMRC conducts onsite reviews or interviews, to help deal with any queries and minimise potential problems.
- Businesses also get access to advice from experienced specialists on employment, health & safety and commercial legal issues via a dedicated ‘Business Support Helpline’.
Planning for tomorrow's headlines, today
With tax returns being examined more closely than ever by HMRC, you might be interested in a little ‘eXtra’ help from us, just in case the spotlight falls on you. Taking ‘eXtra’ cover today, ensures that an investigation will not affect you or your business tomorrow.
Typical enquiry costs:
- Income Tax Aspect Enquiry
£500 to £5,000
- Income Tax Full Enquiry
£2,500 to £25,000
- Corporation Tax Aspect Enquiry
£4,000 to £15,000
- Corporation Tax Full Enquiry
£10,000 to £50,000
- PAYE/VAT Disputes
£5,000 to £25,000
In the event of a tax investigation or a PAYE/VAT dispute, ‘eXtra’ clients will have their fees paid in respect of our expert professional advice and support. The ‘eXtra’ service is designed exclusively for Vantis and gives you peace of mind. If you are in business, you also get access to a support helpline offering free advice on many areas, including employment, health & safety and contract law.
We strongly recommend our 'eXtra' Fee Protection Insurance Scheme. Please note, however, that it is only available to current clients of Vantis for whom we are engaged to process their tax affairs.
If you are a current client of Vantis and would like to take out this insurance, please complete the form below and the relevant documentation will be sent to you.
If you are not a client of Vantis but would be interested in finding out about how we can help you achieve your business aspirations and goals please get in touch.
Please click here to view the 'eXtra' terms and conditions.