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If you are a freelancer you will need IFA Fir35wall Plus giving total peace of mind.
Fir35wall plus covers not only representation costs, but also additional tax, NIC, interest and penalties arising from a HM Revenue & Customs enquiry. This provides freelancers with a financial umbrella against the ever-increasing risk of enquiry.
Fir35wall Plus Includes
1. IFA representation in the event of a PAYE compliance review.
2. Insurance of fees up to £50,000 incurred representing you in defence of:
• An IR35 dispute
• A PAYE/NIC dispute
• A VAT dispute
• A HM Revenue & Customs Aspect Enquiry
• A HM Revenue & Customs Full Enquiry
3. IR35 tax/NIC liabilities up to £50,000
4. Interest.
5. Penalties.
6. Back dated tax years.
Fir35wall Plus costs £337.25 + IPT (5%). To apply for Fir35wall Plus insurance you will need to complete an online working practices questionnaire, which will appear once you proceed to the checkout. Upon completion of the questionnaire your application will either be accepted or referred. If referred, IFA will contact you regarding your application and will clarify any areas of concern. You will still be able to pay for the insurance and while you will be covered for representation costs, indemnity for IR35 tax, NIC liabilities, interest and penalties will be subject to satisfactory acceptance
Accident & Sickness
Accident / Death / Disability
Permanent Health Insurance
Invoice Protection
Legal Expenses
Directors & Officers Liability