HMRC Tax Investigations insurance
Postby Gary wilkins » Wed Mar 31, 2021 7:43 pm
Hi. i have just started a new LTD company, after my old company i closed as the IR35 was coming in, but now my work is outside the IR35, so have opened a new company, my old company had fine for a late tax return that wasn't even to be done, checking this with them, they have now dropped the penalty, but what an absolutes nightmare trying to get through to them, even the automated service hung up on me a number of times, anyway, they have sent me a letter saying we have dropped the fine, but if you think you have more tax to pay then do a return, i don't do my own tax, i have a job using a calculator, i'd rather pay for the service, it's peace of mind, well, most of the time, so, after receiving this letter i do feel a little nervous, seems the tax man shoots in the dark and don't care the cost to anybody he picks on, so what i wanted to ask is, where is the best place to buy insurance to be covered for this type of investigation.