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A guide to fee protection

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21st Jun 2006
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HM Revenue & Customs' clampdown on tax evasion over recent years has led to a growing number of firms and individuals turning to professional expenses insurance to cover the costs involved with tax investigations. For accountants, offering the service ' also known as fee protection - to clients can provide a valuable profit generator but taking on the wrong type of policy could prove damaging.

Choosing the correct policy is key to ensuring that the practice and clients get the best out of the service and are appropriately covered should an investigation occur.

When a practice has settled on an insurance provider the next step is to market the scheme to clients. For those firms without an established marketing process this can be a daunting prospect.

In a two part guide, AccountingWEB provides detailed guidance on making the most of fee protection. For more, click on the links below.

Part one: Fee protection - Consider your options

Part two: Fee protection - Marketing matters

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