Fee Protection Insurance
Vantage Tax Fee Protection
What is it?
Vantage Tax Fee Protection insurance covers professional fees incurred defending clients during HM Revenue & Customs (HMRC) checks whether a client has paid the correct amount of tax or not.
The costs of defence in most reviews carried out by HMRC under the tax legislation are covered, including full and aspect tax enquiries, VAT and PAYE/NIC compliance checks, Business Records Reviews and more.
What does it cover?
This service includes professional fees for defending clients in the following HM Revenue & Customs tax enquiries, compliance checks or inspections:
- Income Tax full and aspect enquiries
- VAT compliance checks
- PAYE/NIC compliance checks
- IR35/status/CIS disputes
- Schedule 36 interventions and inspections
- HMRC Business Record Checks
- Inheritance Tax enquiries
- Child Tax Credit enquiries
- National Minimum Wage enquiries
The Summary of Cover gives more detail of what is included within the service and can be downloaded via the link here.
Statement of Demands & Needs
When purchasing a product from Vantage you will first be asked to register for an account. Once you have completed their online application form and made payment, you will be able to log into your account to view your policy documents or product information.
It is important that before deciding to purchase a Vantage product you consider whether the insurance is appropriate for you.
You should read thoroughly all the product information they make available to you, in particular the Specimen Policy Wording together with the Insurance Product Information Document (IPID) before deciding to purchase your chosen product. These documents contain the full Policy Terms and Conditions and these documents along with the full Demands & Needs Statement can be accessed from the links below.
Please note that only clients of Turcan Connell where we are the mandated agent can apply for cover under this policy.
To apply for or renew cover under the Vantage Tax Fee Protection insurance policy, please follow the link below which will take you to the Vantage Webshop.
Payment by debit or credit card can be made direct to Vantage using the WebShop but the details for any other direct payment can be found here.
A detailed guide on how to use the Webshop can be accessed from the link here.