Tax Investigation

As an existing customer of our Tax Investigation Service you may already be aware, insurance prices have increased nationally, and the cost of our service will be increasing from 1st March 2021.  Please see below for more information.

TURNOVERANNUAL (EXCLUDING VAT)

OLD RATE

ANNUAL (EXCLUDING VAT)

NEW RATE – AFTER 28th  FEBRUARY 2021

Less than £2 million£140.00 exc VAT£240 exc VAT
Between £2 and £5 million£230.00 exc VAT£395 exc VAT
Between £5 and £10 million£475.00 exc VAT£795 exc VAT
Over £10 millionBespoke quote requiredBespoke quote required

We understand that given the difficult trading conditions many businesses are facing, a price increase is coming at the wrong time and so we have decided to provide an offer to lock in your existing price at the old rate of £140 exc VAT (dependent upon turnover) until April 2022.  Naturally, we assume you would prefer to accept this offer unless instructed otherwise, and the relevant adjustments will be made at your renewal date to allow for this.

What changes will you notice?

  • Transactions for the tax investigation service will now appear on your statement
  • If you pay by monthly direct debit for tax investigation services in addition to accountancy fees, the two instalments will now be combined into one monthly payment. You will receive a letter to confirm this amendment
  • The renewal date for this policy will be adjusted to run from 1st May to 30th April each year commencing 2022

Benefits to you

  • Streamlined transactions
  • Cost saving
  • Reduced paperwork/more environmentally friendly

We are always looking for ways to improve the services we provide to our clients and hope by providing this continued lower cost for a longer period of time will be of benefit to you.

As always, if you have any questions, please do not hesitate to contact Lisa Ruffell on 01792 410112 or email lisa.ruffell@bevanbuckland.co.uk.

Yours sincerely,

Bevan Buckland LLP