Practice Protect

Comprehensive protection and a potentially high income source.

This innovative policy provides comprehensive protection and a high potential income source for an accountancy practice. PFP insures the practice in case of any future tax investigation of your clients. As a reflection of this beneficial extra resource, the practice may then require its clients to pay a service charge.

This policy emphasises the fact that a firm which is insured in case of a tax enquiry is providing its clients with a valuable service. The equivalent cost per client will be cheaper and you have complete freedom to vary the price of the service, earning valuable revenue for your practice.

A Flexible Approach

As with all policies, there is a high degree of flexibility. For example, you can opt to take out the policy only for a certain proportion of your clients, or for a certain type of client. You can also opt to spread the cost of the scheme with monthly instalments.

PFP can give extensive administrative and marketing support, along with access to independent specialists and a 24 hour legal helpline for you and your clients.

You do not have to be FSA authorised to take out this scheme.

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