When considering the specific targeting of sole traders, partnerships and limited companies by the tax authorities, and random case selection, it is clear that dentists need to have some form of protection in place.
Professional Fee Protection & 2020 understand that Tax Investigation is a very arduous process, with bills often running to several thousands of pounds. Authorised and regulated by the Financial Services Authority, Professional Fee Protection Limited can offer insurance that pays up to £75,000 towards the fees of an accountant or specialist in the event of an investigation, providing valuable peace of mind.
The team works with clients to find the best policy to suit their needs. Policies include TaxMaster Protection, with which Professional Fee Protection will pay all professional fees incurred in dealing with Full Enquiries and VAT Disputes that start and are notified to PFP in writing during the period of insurance. This can be extended to include Aspect Enquiries, in which on or more areas of the tax return are investigated.
