Hi,
Just a question about what is good practice for accountants.
I received an email from my accountants in Oct 2018 around six months prior to the deadline in April 2019.
I was busy that time and it was from an operative I didn't know so I didn't even notice the email in amongst the many others in my inbox.
They did not seek to obtain a confirmation that I had received or read their letter.
They did not send any further correspondence or reminders.
They have now contacted me saying I owe HMRC the tax plus interest.
I asked why interest and they said because the payment is late.
They have full access to my bank transactions but more importantly did not even know if I was aware of what tax I needed to pay at what time.
When I asked them about this they explained it is the company policy not to obtain confirmation on any correspondence to save time.
Is this good/best practice for an accountant?
I am, as most contractors, a one man band and I have made it clear I rely on my accountants to keep me straight with HMRC so I can focus on fee earning and developing/maintaining my freelance work.
Would be interested to have your views on this..
Cheers
Just a question about what is good practice for accountants.
I received an email from my accountants in Oct 2018 around six months prior to the deadline in April 2019.
I was busy that time and it was from an operative I didn't know so I didn't even notice the email in amongst the many others in my inbox.
They did not seek to obtain a confirmation that I had received or read their letter.
They did not send any further correspondence or reminders.
They have now contacted me saying I owe HMRC the tax plus interest.
I asked why interest and they said because the payment is late.
They have full access to my bank transactions but more importantly did not even know if I was aware of what tax I needed to pay at what time.
When I asked them about this they explained it is the company policy not to obtain confirmation on any correspondence to save time.
Is this good/best practice for an accountant?
I am, as most contractors, a one man band and I have made it clear I rely on my accountants to keep me straight with HMRC so I can focus on fee earning and developing/maintaining my freelance work.
Would be interested to have your views on this..
Cheers
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