Tax investigation FAQ

Questions pertaining to Tax Investigation Insurance

1. So what are TII, PEI and LEI?
2. Does PCG’s Professional Expenses (Tax Investigations) insurance cover IR35 investigations?
3. Will the insurance cover any additional tax or fines imposed by HMRC if I am caught by IR35?
4. Do I need to be working to one of PCG's model contracts in order for a claim to be made?
5. I have been supplying a service full time to one client for the last four years.
6. Will PCG take my case up as far as the Commissioners if I am investigated?
7. If I become a member myself, are the directors and shareholders in my company covered too?
8. What if I contract both through my company and as a sole trader?
9. Does PCG’s policy cover investigations relating to my personal tax affairs?
10. What about any business interests falling outside my consultancy work?
11. When must a claim under the tax investigation policy be notified?
12. Can a claim be made if I submit a contract to HMRC who then advise me that, it fails IR35?
13. Can a claim be made on my behalf if my PCG membership comes up
14. Can a claim be made on my behalf if my PCG membership comes up for renewal
15. Can a claim be made under PCG’s PEI policy if I give up my membership?
16. If I were to rejoin PCG would the Tax Investigation Service be available to me again?
17. Why does the Summary of Cover state that the insurance expires on 31 Dec 2009?
18. What happens if I am also covered by another tax expense policy
19. I have two un-associated companies, where the second is not a subsidiary of the first.
20. What are the differences between a full enquiry, an aspect enquiry and a routine PAYE enquiry?
21. What should I do if I wish to make a complaint
22. Who provides the cover?
23. My investigation pre-dates January 2004; will my case handler change?
24. Is a normal PAYE audit covered by the PCG Tax Investigation Insurance?
25. What should a contractor do if there are issues that are debatable?
26. What should a contractor do if they are contacted by the Revenue regarding a PAYE audit visit?
27. What is the Inspector entitled to see or ask for?
28. What sort of areas should a PAYE review cover?
29. If I want someone to assist me with a PAYE audit meeting what can I do?
30. Does the PCG's PEI pay the VAT element of any invoice as well as the net cost of any fees?

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