Specialist Contractor Accountants - Pisces Returns
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Tax Risk Management for UK contractors
Insure against all aspects of your IR35 risks from £130 per annum
The tax insurance services that we provide are backed by Abbey Tax Protection.
Tax Investigations can be chosen at random by the HMRC regardless of whether you are a contractor or not, and can take up to two years to settle with accountancy fees rising as high as £10,000 for the specialist work to be undertaken. During this time unless you get specialist legal and professional advice you are at the mercy of the Revenue when they look in to your financial affairs.
It is therefore essential that you choose the right tax investigations protection. One that can give you access to a team of specialists comprising of solicitors, accountants and ex-tax inspectors who can fight your case for you and ensure that you get a fair deal.
The tax investigation service we provide covers enquiries into:
  • Income Tax Self Assessment
  • Corporation Tax Self Assessment
  • HMRC VAT Disputes
  • IR35 Enquiries
  • Employer Compliance Disputes
You will also get access to the business advice helpline provided by Abbey Tax dealing with matters relating to Employment Law, Health & Safety and Commercial Legal matters.
Contract Review
The contract review service provides a full report and any recommendations on the wording of a contract and will conclude with a pass or fail remark. The review aims to establish the viability of any contract that you are offered and the exposure to IR35 regulations. Factors to be taken in to account are three elements of substitution, control and mutuality of obligation under the contract and the general working practices of the assignment and business. The importance of this service can not be under estimated as the contract you sign will have a strong bearing on the outcome of any investigation should you be unfortunate to be chosen.
Some clients have expressed an interest in insuring their contracts against being reclassified by HMRC as "caught by IR35" and this is an insurance which Abbey Tax can also discuss with you on 0870 607 7000.