Our Services

Investigation Insurance

At LS we feel that it is very important to ensure that the costs of our fees are protected should you be selected by HM Revenue & Customs (HMRC) for investigation.

HMRC policy director recently stated it aims to claw back an extra £3.5 billion every year until 2008 to set against revenue lost to tax avoidance issues1.

With no taxpayer being immune from investigations, enquiries or disputes by HM Revenue & Customs (HMRC), we at Ledger Sparks Ltd recommend to all our clients that they join our fee protection scheme.

What is Fee Protection

Fee Protection will offer you peace of mind by paying the additional professional fees required to provide you with the right level of representation should you be subject to an investigation, enquiry or dispute with the tax authorities.

Key Facts

Business Support Helpline

Included at no extra cost for business clients in our TaxSure Fee Protection scheme is access to a Business Support Helpline. Whether you need a second opinion or a guiding hand, instant access to expert advice comes as part of the package.

If you need advice about making someone redundant, disciplining an employee, reporting an accident, etc. then obtaining the right advice quickly could be crucial to your business, but it can be costly.

The Helpline is renowned for the level of expertise and support that it provides business of all sizes. The consultants who man the Helpline are recruited for their ability to draw on their own specialist knowledge and experience to provide tailored, practical and realistic solutions. They all have many years’ experience gained in different industry backgrounds.

The Helpline offers advice in the following key areas:
 Employment Law
 Health & Safety
 Commercial Legal issues.

Joining our Fee Protection scheme will mean not only peace of mind regarding your tax affairs but also you will have that all important access to expert advice you might need – at no extra cost.

Further Information

To find out more by contacting Janet or Pat or any of the directors on 020 8781 1940 or email us at startingpoint@lmsuk.co.uk

Fee Protection in Practice

Small family run-restaurant

The enquiry ran for four years, The Inspector was adamant that sales had been understated but the only additions were minor and in respect of private use adjustments. Final accountancy fees required to provide the right level of representation were just over £7,000.

Small family-run building firm

A VAT dispute which concerned the businesses VAT registration. The case was decided in the client’s favour and over £30,000 of VAT was saved. The costs incurred in representing the client were approximately £8,500 over a three-year period.

Sole Trader Landscape Gardener

HM Revenue & Customs claimed the gardener had understated his sales. The investigation ran for three years with fees approximately £7,000 being incurred to prove that the sales were not understated.

Medium sized retail firm

The enquiry ran for 18 months and the firm incurred just under £10,000 in accountancy fees as a result. Following the enquiry, all the company had to pay was a further £200 in tax.