Posted 28th Oct 2016
Hi...
Does anyone have experience of Tax Investigation Insurance?
[AKA Fee Protection insurance I think]
My external accountant is suggesting that I get it. From what I understand, should I get a VAT inspection, the insurance will pay for my accountants time for the extra work required.
As with all insurance, I guess it's good when you need it. But I'm not sure if I need it if that makes sense.
Any thoughts would be good... seems it's a few hundred pounds to buy.
Thx in advance
Does anyone have experience of Tax Investigation Insurance?
[AKA Fee Protection insurance I think]
My external accountant is suggesting that I get it. From what I understand, should I get a VAT inspection, the insurance will pay for my accountants time for the extra work required.
As with all insurance, I guess it's good when you need it. But I'm not sure if I need it if that makes sense.
Any thoughts would be good... seems it's a few hundred pounds to buy.
Thx in advance
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