Tax Protection Insurance: qDOS or PCG?

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Lumiere replied

6 July 2011, 17:46
Originally posted by SueEllen View Post

The PCG has a legal helpline thrown in with the money.

QDOS includes that too and even more (free contract reviews, clients tracking )

----

I am not sure how would that work though if you change the insurer and the Revenue makes an inquiry about something that happened e.g. 1 year ago
Leave a comment:
SueEllen replied

6 July 2011, 10:10
Originally posted by psychocandy View Post

My accountant has offered me a similar insurance direct with him. i.e. pays any additional cost for investigations etc.

If I instead decided to go with PCG for this, how would this work? In the event of an investigation who would help me out? My accountant (claiming extra costs as a sort of insuranc claim) or theirs?

The PCG has a website - Home | PCG and if the information on the website doesn't help then phone them.
Leave a comment:
psychocandy replied

6 July 2011, 08:56
My accountant has offered me a similar insurance direct with him. i.e. pays any additional cost for investigations etc.

If I instead decided to go with PCG for this, how would this work? In the event of an investigation who would help me out? My accountant (claiming extra costs as a sort of insuranc claim) or theirs?
Leave a comment:
SueEllen replied

5 July 2011, 09:53
Originally posted by PM_contract View Post

Yes, I am aware of this. I am not sure if I will use any other benefits of PCG memebership though. This exercise is purely to cover my company and myself for any HMRC queries.

The PCG has a legal helpline thrown in with the money.

If you personally don't know any lawyers who can help you then this is actually useful when you need to understand contract clauses or how a new act applies to you. While your contract may pass an IR35 review some of the clauses may be a bit obtuse.

People don't realise how having legal helplines and other legal help thrown in with insurance is actually useful until they need to get randomly get legal advice then find it costs a lot and is difficult to get free.
Leave a comment:
PM_contract replied

5 July 2011, 08:30
Originally posted by Sockpuppet View Post

The PCG isn't just insurance though as you get more with the membership.

Yes, I am aware of this. I am not sure if I will use any other benefits of PCG memebership though. This exercise is purely to cover my company and myself for any HMRC queries.
Leave a comment:
Sockpuppet replied

5 July 2011, 08:10
The PCG isn't just insurance though as you get more with the membership.
Leave a comment:
PM_contract started a topic Tax Protection Insurance: qDOS or PCG?

5 July 2011, 07:59
Tax Protection Insurance: qDOS or PCG?

My main objective is to have an insurance to cover the costs of somebody professionally handling HMRC enquires on my behalf.

I’ve had the qDosFreelancer Tax Protection for two years and never had to use it. Now my policy is for renewal but I can’t decide between staying with qDos or going for PCG either standard or PCG Plus membership.

The standard one has got the Tax Investigations/Professional Expenses Insurance (including IR35).

The PCG plus has got the Tax insurance protection (All the cover you need in the event of a tax investigation (inc. IR35, VAT, Aspect, P11D, Business Record checks) plus additional cover for Jury service* & agency failure*).

The costs are £117 for qDOS, £120 for PCG and £220 for PCG Plus.

What do people choose and why? All views are greatly appreciated.
Tags: None