Are you protected against the cost of an HMRC enquiry?

Posted on 26th February 2025 by Streets


Image to represent Are you protected against the cost of an HMRC enquiry?

With the 31st of January self-assessment deadline now behind us, tax matters may still be at the forefront of many people’s minds. However, what is often overlooked is the potential disruption and financial impact of an HMRC enquiry or investigation, whether as an individual or a business.

Even with the best intentions and careful record-keeping, there is always a risk that HMRC could launch an enquiry.

We are therefore concerned that some clients may not currently have cover through our Tax Enquiry Fee Protection service. 

If you haven’t yet subscribed or renewed, please be aware that without this cover, any professional fees incurred in dealing with an HMRC enquiry would not be included in our standard service fees.

For further information please speak to your usual Streets contact, email feeprotection@streets.uk or click here.


No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


Fresh Ideas for Additional Revenue Streams

For many small and medium-sized enterprises (SMEs), the core business keeps the lights on, but additional income streams can provide much-needed stability and growth. Whether you're a service provider, a retailer, or run a niche consultancy,


How to Increase Gross Profit Returns

Gross profit is one of the clearest indicators of how well your business is performing. It’s the money left after deducting the direct costs of producing goods or services from your turnover. If your gross profit margins are tight, your business will


Electronic invoicing consultation

The government wants your say on e-invoicing. Quicker payments, fewer errors, and better VAT reporting are on the table. A 12-week consultation could shape the future. HMRC and the Department for Business and Trade (DBT) jointly launched a 12-week

You might also be interested in...