We are seeing plenty of new enquiries into one man band-type companies and a demand for extra tax in times like these is unpleasant to say the least.
Many people who have been made redundant may also be considering starting their own small business. Whilst this is to be encouraged, it is important that any new freelancers are fully aware of the risks involved.
Tax Enquiry
Any HMRC enquiry is daunting, stressful and generally expensive. Small errors can end up as large tax demands. If you've done nothing wrong, paying expensive representation costs just to prove your innocence leaves a particularly nasty taste in the mouth. Furthermore, under self assessment anyone can be randomly selected for enquiry.
It is always advisable to seek professional advice and representation in the case of an enquiry. Products have been developed to cover up to £50,000 of representation costs meaning your case will be dealt with by one of the UK's top tax experts. The Freelancer Tax Protection policy is just £99 per annum + IPT and covers all backdated tax years.
Buy Freelancer Tax Protection online
More on Freelancer Tax Protection
Tax Liability Cover
(TLC35)






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