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Tax investigations (fee protection) insurance
Abbey Tax Protection offers tax investigations insurance to protect professional fees in the event of an investigation or enquiry by HM Revenue & Customs. Practices can benefit from:
- 24hr business legal helpline for you and your clients
- bespoke services designed to cater for individual practice needs
- free unlimited phone access to comprehensive tax & VAT consultancy
- personal claims consultant to handle any claims.
Practices have the choice of two policies:
- Practice Protector : insures your practice as the policyholder and does not require your practice to be authorised to conduct insurance mediation, nor become licensed through an ACCA Designated Professional Body (DPB) license.
- Client Protector : follows traditional fee protection policies insuring your clients and requires relevant levels of PII and appropriate authorisation either through the Financial Services Authority (FSA) or an ACCA DPB License.
Practice Protector has been developed in conjunction with specialist insurance counsel and meets all Regulatory Requirements set out by the FSA. For those practices who cannot comply with the Regulatory Requirements or for those who simply do not want to, Practice Protector is the recommended alternative.
Full details of all options are available on request. Contact Abbey Tax on 0870 166 6270, e-mail sales@abbeytax.co.uk or write to One Mitchell Court , Castle Mound Way , Rugby , CV23 0UY for more information. Alternatively, visit Abbey Tax Protection website.
Abbey Tax Protection is a trading division of Abbey Protection Group Limited, authorised and regulated by the Financial Services Authority in respect of general insurance mediation activities.