*Based on £25,000 liability cover (+£50,000 enquiry defence cover)
Tax Liability Cover is the first and most comprehensive IR35 insurance policy for UK limited company contractors impacted by the IR35 legislation.
Contractors providing services to small businesses, as well as those who were in contract prior to reform, are still facing the threat of IR35 enquiries. Professional representation is highly recommended to ensure success, and without insurance, representation fees can cost over £250 per hour. Whilst going alone could find you facing a tax bill in the thousands.
TLC will protect you in the event of HMRC opening an enquiry into your accounts, whether it’s a PAYE compliance review, VAT dispute, IR35 enquiry or a broad range of other HMRC enquiries, Qdos experts will be there from day one to defend you.
If, somehow, we don’t win your IR35 case, we will also cover the resulting tax and national insurance (NI) liabilities, interest, and penalties (up to the cover limit you choose). This cover can be extended to cover S660a enquiries too.
Yes. Tax Liability Cover provides cover for retrospective risk and there's no change to this following IR35 reform in April 2021. Tax Liability Cover will react providing the statements you agree to when applying are true for the contract under enquiry.
Tax Liability Cover also covers liabilities in respect of travel and subsistence expenses following an enquiry.
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