IR35 insurance – A cover you must have when you feel that your IR35 status can be challenged. This type of insurance cover can really help you in the cases of VAT disputes, full and aspect enquiries, property and bodily injury claims, debt collection, jury service expenses, employment disputes and many more.
IR35 and legal expenses insurance offers you various levels of insurance cover, from any tax penalties to the expenses of representation in case of an employment inquiry and any other kind of penalties that you might face which may be payable because of any other tax inquiry. NO matter how much care you take while submitting your tax returns, there is no guarantee that there cannot be a tax dispute. Because of the frequent changes in the tax rules every year, there is quite a possibility that you end up in a tax dispute. So it I better to have a policy which will ensure you a safe business and that is the IR35 Insurance and legal expenses policy.
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