Wave goodbye to tax enquiry worries
Whether you’re a sole trader, contractor or limited company, a letter from HMRC can fill you with dread - but it doesn’t have to. With essential tax advice, protection against the cost of professional fees and representation from ex-HMRC inspectors in the event of a tax enquiry, you can protect your business for less
Scroll through the banners below to discover how FSB Tax Investigation Protection can support you and your business
No extra costs
Budget-friendly tax enquiry protection is essential for all small businesses, which is why it’s part of your membership. If we need help from your accountant during an enquiry, pre-agreed fees are covered. No surprise bills.
Up to £100,000 of protection
Even if your books are in order, you can still be selected by HMRC for an investigation at any time, and the costs of your defence can run into the thousands. With cover of up to £100,000 per claim, we’ve got your back.*
* Subject to FSB’s policy terms and conditions being satisfied. Exclusions apply.
We’ve got the answers. Call our tax and VAT advice line, staffed by tax experts, for guidance on taxation matters, from capital gains tax to Making Tax Digital.**
**Lines are open 9am to 5pm Monday to Friday.
Experts in your corner
You can rely on a team of specialists with years of investigations experience to defend you, all the way to tribunal if necessary. We handle full and aspect enquiries on income and corporation tax, as well as disputes regarding employer compliance, IR35 or VAT.
We’ll do the talking
Your tax consultant, a former tax inspector, will liaise with you and your accountant as required, meet with you and the HMRC inspector as necessary and handle all enquiry correspondence. You’ll have honest, straightforward advice and assistance throughout the whole enquiry process.
Enquiries can take months or even years, but we’ll be by your side through it all with unlimited tax advice, leaving you with more time to focus on your business.
Peace of mind with PAYE
We take away the stress of a PAYE compliance audit. Whether it’s a dispute or information requests from HMRC, our tax experts are on hand to help.
Search our online legal library 24/7 for downloadable guides, templates and factsheets covering a range of taxation matters, all updated regularly.
Support with furlough investigations
Received a letter from HMRC about your Coronavirus Job Retention Scheme claims? Don’t panic - we’re just a phone call away to support you through it.
Ready to get started?
FSB members can access this benefit by logging into their account and selecting FSB Tax Investigation Protection form the "My Benefits" section of their member dashboard. Members can also access this benefit or book a callback directly from the FSB member app.
Want this benefit for your business?
FSB Tax Investigation Protection is just one of a suite of benefits included with FSB membership to help support, protect and grow your business.
Membership starts from £147 per year with a £30 joining fee in the first year.
If HMRC has selected your business for a tax enquiry, as an FSB member you’ll be represented by experienced professionals who are all former tax inspectors. We will not pay for you to be represented by your own accountant. But, where we require assistance from your accountant, any reasonable fees agreed with your accountant in advance for the work being undertaken on our behalf will be met under the member benefit.
If the enquiry starts by looking into your business accounts and then HMRC decide to look at your personal finances, our tax investigations service will cover that.
There is no fee protection for enquiries that only look at personal finances, however, in certain instances we have been able to assist in cases where there is a business connection. You can call our tax and VAT advice line for guidance on this.
Where a careless error has arisen, HMRC can go back six years to make similar adjustments, however, if the error was deliberate then HMRC is able to go back 20 years, resulting in the potential for significant liabilities including statutory interest and much harsher penalties.
Latest resources from FSB Tax Investigation Protection
Join our panel of FSB staff, and #FSBmember Aly Young, as we discuss how to make the most of the many FSB benefits, from debt recovery and funding, to FSB Care and legal support!
Find out why it pays to be protected if HMRC starts a tax enquiry into your business and discover the comprehensive cover available to FSB members at no extra cost.
Our guide to HMRC enquiries takes you through the whole process, including how long they take, what you need to do and how you can protect your business.
Join FSB today
Interested in FSB membership? You can join online now or chat to one of our advisors before taking the leap, click on an image below to get started.