Debenhams To Close

Debenhams 124 stores are set to close after the failure of last-ditch efforts to rescue the ailing department store chain.

It means the loss of 12,000 jobs.

Debenhams was too reliant on Arcadia (leasing space to Arcadia's brands).

Arcadia and Debenhams are not the only high street brands facing closure, the high street has been under pressure for many years and Covid has brought matters to a head.

 

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
• Premiums are Annual Premiums.
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• Premiums and IPT are due in full in advance / at commencement of scheme.
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Please click here for details.