Assistance with HMRC Investigations and Audits

Fee Protection Insurance for Fitness Businesses

As of April 2009 HMRC are able to visit business premises to inspect records covering all taxes including corporate, income, PAYE, NI, Capital Gains and VAT. They can now also issue written queries before you have even submitted your annual tax returns. For a small annual fee (starting from £97 per annum) you can subscribe to our Fee Protection Service which will cover you for the work and costs of defending you in the event of a tax enquiry by HMRC.

Anyone that pays tax can come under scrutiny. Every year, HMRC starts enquiries into thousands of personal and business tax returns and accounts. VAT and PAYE payments are also thoroughly checked. Most enquiries are generated by computer “risk profiling” and many are selected completely at random. As a result, HMRC sometimes picks the wrong targets, Even if you have done nothing wrong, the taxman will not give up and will still try hard to find errors.

The questions asked by HMRC are usually very detailed and time-consuming to answer. The costs of defending you can easily run into thousands of pounds, even if little or no extra tax is paid at the end of the enquiry. These costs are not covered by the normal annual fees paid, so the addition of a small annual fee can save a lot of money down the line.

Tax Investigation Representation for Fitness Business
Our insurance offers the ultimate comprehensive fee protection providing £75,000 limit of indemnity, no excesses, no inner limits (except SCR and Judicial Review at £5000) and includes cover for Schedule 36 Interventions.

Main Benefits

  • We will defend you should you receive any correspondence or visit from the HMRC
  • The potential high costs of professional fees for that defence will be claimed under our insurance policy
  • We provide this service with one of the UK’s largest providers of Fee Protection Insurance and associated advisory services.
  • Dealing with any correspondence from HMRC
  • Attendance at any meeting with HMRC
  • Appeals to the First Tier or Upper Tribunal

Includes

  • Corporation Tax Self Assessment Full & Aspect Enquiries
  • Income Tax Self Assessment Full & Aspect Enquiries
  • Business Inspection Notices under Schedule 36 (Interventions)
  • PAYE / NIC Employer Compliance Visits and Disputes
  • Value Added Tax Visits and Disputes
  • IR35 Disputes & CIS Disputes
  • Repayment claims
  • Special Civil Investigation and Judicial Review (Indemnity £5,000)

  • Any written enquiry from HMRC

Excludes

  • Pre-existing enquiries or disputes
  • The defence of criminal prosecutions
  • Investigations carried out under Section 60 of the VAT Act 1994 (Fraud)
  • Any taxes, interest, penalties and fines or any other duties that may be imposed by HMRC

Fitness Accounting Specialists

Fitness Accounting Services

Tax Returns

Working closely with you to ensure you pay the minimum amount of tax.

Company Accounts

Company Accounts, Corporation Tax Returns and Confirmation Statements.

VAT

Taking care of all your VAT administrational needs including setups and returns.

Business start-ups

Bring us your business ideas and we will help you to make them a reality.

Payroll

Setting up and taking care of all your payroll administration duties.

Bookkeeping

Taking care of all your ongoing accountancy so it’s in perfect order.

Mortgage Advice

Independent mortgage consultancy from expert mortgage brokers for best policies.

Compliance Services

Supporting all aspects of business administration including audits, annual accounts etc.

Tax Investigation/Audit

Helping to protect your assests when under investigation from  HMRC.

Pension Advice

Making sure you get the best options when you choose to retire.

Income Protection

Protecting yoru income when you are unable to work due to illness etc.

Consultancy

Taking time to get to know you better so we can offer the best advice.

What Our Clients Say

As well as being trustworthy, helpful, personable and professional at all times, he is also the most knowledgeable accountant and business person I have ever met in my thirteen years as a self employed fitness professional. I cannot recommend Andrew Crawford highly enough.

Sally Parkes Yoga

We continually use AJC consulting because they add unique insight, fitness industry expertise and context to all of our accounting needs. Quite simply the very best I have come across in 20 years in the industry.

Club 51

Not only have learnt a great deal for Mr Crawford, he has saved me on average £300 per year. The personal service given from AJC is second to none and the invaluable advice given is without a doubt unsurpassed given his knowledge of the fitness industry.

Aftershock Fitness