Fee Protection Insurance

An expensive, time-consuming tax enquiry can cost your client their business... and cost you a client.

To provide you and your clients coverage and peace of mind for this we've partnered with PFP, the pioneer of tax investigation fee protection insurance, to present you with "The Accountants Circle Tax Fee Protection Scheme".

The Scheme is designed to help you provide better cover for your and increase your practice's profitability. Several options are available include tailored packages to fit your specific needs. Typically the options are Practice Insured, or Client Insured.

With a Practice Insured Scheme, your practice is the insured party and you recover the costs from clients by charging a subscription to a 'tax investigation service'. The way the service operates is for you to decide - you set the level of subscription and how and when to collect. The premium you pay doesn't have to include all clients, it can be on a 'clients decide' basis so you only pay for those clients that opt-in.

A Client Insured Scheme is provided direct by PFP to your client, with premiums depending on their size and type of organisation. There's also no minimum number of clients required for this.

We can also provide you with marketing literature, and even mail your clients if you wish.

Tax enquiry work is the single biggest cause of fee dispute as clients often don’t appreciate the work and costs involved. The costs of a tax enquiry can be considerable and in the current economic climate, can put enormous strain on the finances of your clients and their ability to pay you on time.

Find out more about how "The Accountants Circle Tax Fee Protection Scheme" can help you and your clients.

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