Fee protection insurance schemes for accountancy practices
We provide Fee protection insurance (TFP) schemes to accountancy practices and their clients. The schemes cover professional fees for defending clients whose compliance with tax legislation is reviewed by HMRC.
Some practices find that offering fee protection insurance to their clients is over-complicated. Our approach is to simplify the way the cover is delivered, the way support is provided and the way that claims are handled.
Why choose Qdos Vantage for your practice?
There are tax fee protection insurances that are limited in scope, have policy excesses and low caps on some of the fees that can be claimed. As well as restrictions in the claims philosophy that may not be apparent until a claim is made.
With our fee protection insurance, you can be assured that:
There are no policy excesses.
The overall limit of indemnity is £100,000.
There are no lower caps in the cover apart from judicial reviews and HRMC Code of Practice 8 enquiries, where the fees covered are limited to a maximum of £10,000.
“We moved our tax fee protection scheme to Qdos last year. The whole process of switching providers turned out to be painless, thanks to the help of the Qdos team. They dealt efficiently with everything, even mailing clients on our behalf.”
– O’Reilly Chartered Accountants
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