Protect Your Business Against the Cost of an HMRC Enquiry
Even businesses that keep exemplary records can be selected for an HMRC investigation. Tax Investigation Insurance covers the professional fees needed to defend you in an enquiry — so you’re not hit with unexpected costs if HMRC comes calling.
Benefits of Cloud Accounting
Tax Fee Protection covers the accountancy and professional costs involved in handling:
- HMRC tax investigations
- VAT disputes
- PAYE and CIS compliance checks
- IR35 enquiries
- Corporation tax, income tax, and capital gains tax reviews
It doesn’t cover any tax owed, but it covers the expert work needed to deal with HMRC properly on your behalf.
Types of HMRC Enquiries It Helps With
- Full Enquiry: A thorough review of all your business records and tax affairs.
- Aspect Enquiry: Focused on a specific issue, like a VAT claim or expense deduction.
- Compliance Check: Routine or targeted checks to ensure you’re meeting tax rules.
These enquiries can happen to any business — large or small, regardless of industry or previous history.
Why All Businesses Are at Risk
HMRC runs random audits and uses advanced software to flag irregularities in tax returns. Even businesses with clean accounts can be selected, especially:
- New businesses
- Businesses with large fluctuations in profit
- Cash-heavy industries (like retail or construction)
- Those submitting late or amended returns
Fee protection offers peace of mind, knowing that if it happens, you won’t be facing professional fees of £2,000–£10,000+ on top of the enquiry itself.
Benefits of Tax Fee Protection
- Covers your accountant’s fees and legal fees during an HMRC enquiry up to £100,000.
- Avoids unplanned costs if you’re investigated.
- Ensures professional defence by your accountant, improving your position and outcome.
- Reduces stress — your accountant handles everything directly with HMRC.
- Predictable annual cost rather than unpredictable investigation fees.
FAQs About Data Security and GDPR
What Happens During an HMRC Enquiry
- HMRC contacts you and/or your accountant.
- Request for records and supporting documents.
- Meetings and correspondence with HMRC officers.
- Accountant reviews and defends your case, negotiating where necessary.
- Investigation concludes — with either no action, tax adjustments, or penalties.
With fee protection, all professional time spent on this is covered by the policy.
Real Case Studies
- A small marketing agency faced a VAT reclaim query. Investigation took 16 hours of accountant time over six weeks. Fee protection covered £3,200 in professional fees — the client paid nothing beyond their annual policy.
- A sole trader electrician was selected for a random compliance check. The enquiry took three months, including two meetings with HMRC. Total fees of £2,800 were fully covered by their tax fee protection policy.
Our Service Packages are bundled for value.
They illustrate that we have an offering for every stage of the business lifecycle.
Our Fixed fee Micro Package for small companies from just £100 + VAT monthly
Aimed at small businesses with revenue of £90k per year or more
For Your Business
- Annual accounts prepared and filing
- Companies House Confirmation statement filed
- Corporate Tax Return prepared and filed
- Payroll processing & filing for Directors and employees
- Profit extraction advice & tax mitigation planning meeting annually
- Access to your businesses secure e-vault
- Accounting software available - Xero or Quickbooks
For You
- Personal Tax Return and computation submissions
- Payment reminders included for January & July
- Rental accounts, share dividends, interest all included.
- Access to your personal secure e-vault
Plus unlimited e-mail support only from your named accountant client manager.
Our Business Package starts from £150 + VAT monthly
Aimed at established businesses with revenues over £90k with an accounting system in place
For Your Business
- Everything in our Micro Package for your business Plus
- VAT check & filing quarterly
- Ongoing bookkeeping advice & assistance with reconciliations
- Pre year end meeting to identify tax saving opportunities and actions.
- Post year end review with full explanation of results
For You
- Everything in our Micro Package for you Plus
- Pre tax year end meeting to identify potential tax saving opportunities
- Review of profit extraction advice and "what if" scenario illustrations
- 2 accountants references for mortgage or loan applications included
Plus unlimited e-mail support & unlimited telephone support from your named accountant client manager.
Our Grow & Control package from £400 + VAT monthly
Aimed at established businesses with the desire to grow and have all the numbers to hand.
For Your Business
- Everything in our Business Package for your business Plus
- Our assistance with planning and budgeting for your business - if you are serious you need a plan!
- Our flagship bookkeeping service delivered by our experienced and fully trained bookkeepers.
- Monthly or Quarterly management accounts with comments and insights
- Quarterly review in person with your account manager - designed to identify key actions to improve or grow your business
For You
- Everything in our Business Package for you Plus
- Consultation on planning for business exit, sale, retirement or succession - a personal plan for you and your family.
Plus unlimited e-mail support & unlimited telephone support from a named accountant client manager.
Why Choose Park Lane Accountants
Friendly service
At Park Lane, we care about you and your business, and we’re always just a phone call or email away
Peace of mind
Our helpful, jargon-free approach takes the stress out of tax, bookkeeping, payroll, pensions and more
Grow your business
Using our experience and expertise, we can help you identify and capitalise on new opportunities
Modern tools
We use the latest cloud-based accounting software to keep your finances up-to-date, accessible and secure
We are your local accountant - always
Based in the community, we understand local needs and are proud to support other small and growing businesses. That said our reach is far and we know that our clients value the relationship we hold above everything else.