Is Claimtax bonded by the ATA (Association of Tax Agents)?
No, there is no need for Claimtax to be bonded to the ATA. The ATA is body that guarantees the refund of a client if the company claiming on their behalf goes out of business. However the companies that the ATA warns against operate differently to Claimtax in that they receive the clients (your) refund first, into the company account and then take their commission from that amount and pass the remainder on to you. Therefore the danger of losing your refund if these companies go out of business is real. This is the way that 99% of companies offering tax rebates work. Claimtax is different. While we do offer the option for our clients refunds to come to us first, our suggested option is to instruct Revenue to send your refund directly to your bank account or your address from the outset and at no time do we see or have any control over the money you are due to receive from Revenue. In this way, even in the highly unlikely event of Claimtax going out of business, there is no risk whatsoev