There’s still time to sign up to our Tax Investigations Service for the 2025/26 cover period, giving you peace of mind that if HMRC comes knocking, you won’t face a big bill for defending yourself.
Why you should consider cover
HMRC investigations are becoming increasingly common, and they can be time-consuming, stressful, and costly to deal with, even if you’ve done nothing wrong.
Our Tax Investigations Service covers the professional fees involved in defending you during an HMRC enquiry, so you can focus on your business or personal finances while we handle the process.
Current claim trends (2024)
Recent figures from Markel Tax highlight just how wide HMRC’s net is:
- VAT enquiries remain high at 32% of claims, including repayment checks and renewed on-site VAT visits.
- Aspect enquiries make up 36% of claims, including 7% related to R&D tax relief.
- Frequent checks into CGT transactions and Capital Allowance claims.
- A growing focus on online businesses (Amazon, Vinted, Etsy, OnlyFans) and crypto trading/disposals.
Real-life example: how cover can help
The Enquiry:
HMRC opened an aspect enquiry into an individual’s tax return, focusing on dividend income, interest, and Gift Aid. They requested evidence for the declarations made.
What Happened:
While gathering the requested information, the accountant discovered that untaxed interest from one account had been omitted due to the bank failing to issue an interest certificate. This was disclosed to HMRC immediately. Over six months, several letters and emails were exchanged as HMRC pursued further questions.
The Outcome:
Additional tax was due on the omitted interest, but no penalties were charged as the error was not the taxpayer’s fault.
The Cost Without Cover:
Professional fees to deal with this enquiry amounted to £4,900, which were fully covered under the Tax Investigations Service.
Source: Markel Tax 2025
Don’t Risk Facing the Cost Alone
Even a simple enquiry can take months to resolve and run into thousands of pounds in professional fees. Our Tax Investigations Service ensures you’re protected – whatever HMRC decides to look into.
✅ Covers professional fees in full
✅ Applies to a wide range of HMRC enquiries
✅ Peace of mind for both businesses and individuals
Contact us now to arrange your cover for 2025/26.
Disclaimer
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.