Tax Enquiries - Everyone is at risk

Anyone who sends in a tax return or business accounts to Irish Revenue Commissioners is at risk of a tax enquiry or inspection. Thousands of individuals and businesses are selected for such checks every year. If it happens to you, the questions will be detailed and time consuming to answer. Even if Irish Revenue Commissioners does not find any extra tax to pay, the costs to defend you could be substantial and can easily amount to hundreds or thousands of €s. Most accountant’s normal annual fees do not cover the additional professional costs of handling tax enquiries and compliance checks.  You can obtain protection against the potentially high costs of such fees simply and inexpensively by taking out Tax Fee Protection (TFP) insurance cover. 

Follow our step by step guide below to find out more.

 

What is it?

Qdos Global Tax Fee Protection insurance (TFP) covers the cost of professional fees incurred defending clients when Irish Revenue Commissioners checks whether a client has paid the correct amount of tax. The costs of defence in most reviews carried out by Irish Revenue Commissioners under the tax legislation are covered, including full and aspect tax enquiries, VAT and PAYE/NIC compliance checks, Business Records Inspections and more. See the ”What does it cover” page for more information.


Statement of Demands & Needs

When purchasing a product from our shop you will first be asked to register for an account. Once you have completed our online application form and made payment, you will be able to log into your account to view your policy documents or product information.

It is important that before deciding to purchase a Qdos product you consider whether the insurance is appropriate for you. You should read thoroughly all the product information we have made available to you, in particular the Specimen Policy Wording. This documents contain the full Policy Terms and Conditions. 

Please note that you are basing your purchase solely on your own interpretation of the information we have provided.

Qdos Broker & Underwriting Services Limited is an insurance intermediary that specialises in the provision of specialist insurance schemes.  Qdos Broker & Underwriting Services Limited is authorised and regulated by the Financial Conduct Authority.  For further information about Qdos please click here.