Terms & Conditions of Business
The following terms of business apply to all engagements accepted by Accountsforme Ltd. All work is carried out under these terms except where changes are expressly agreed in writing.
This agreement will supersede any other terms and conditions previously agreed between you and us.
Where you have not yet received and approved these documents, the Terms and Conditions below remain valid.
1.1. These terms govern our agreement with you. The terms may be updated from time to time in the future. You agree to review or ‘Standard Terms and Conditions’ regularly and your continued access to our Service or use of our Service will mean that you agree to the changes. In addition, you will be notified of any significant changes to our ‘Standard Terms and Conditions’.
1.2. Any amendments to these Standard Terms and Conditions will be notified to you of any changes via email or any other suitable medium as and when applicable.
2. Professional Obligations
2.1. We observe and act in accordance with the Professional Conduct Regulations of the Institute of Certified Bookkeepers (“ICB”) and accept your instructions on the basis that we shall abide by those Regulations. The code of Ethics can be found at www.bookkeepers.org.uk/Membership/Ethics--Regulations/Professional-Conduct-Regulations.
We are not liable for any loss and/or damage and/or cost arising from our compliance with statute or the ICB Regulations.
2.2. We are obliged by Law and by ICB to undertake checks to ensure that you and your business are operating lawfully. The checks require us to obtain and retain proof of your beneficial owners, officers and managers identity and residence. By agreeing to our terms of engagement you accept that we are authorised to complete such checks as necessary.
2.3. Where we become aware of errors made by HM Revenue and Customs you give us authority to correct them. We will not be liable for any loss, damage or cost arising from our compliance with statutory or regulatory obligations.
2.4. As required by the Provision of Services Regulations 2009 (SI 2009/2999) details of the firm’s professional registrations are as follows:
Licensed and regulated by the Institute of Certified Bookkeepers (ICB) and supervised under the Money Laundering Regulations 2007. Registered Practice No.: 16434
Accountsforme Ltd, Registered in England and Wales No: 08773037.
Registered Address:20 Sheridan Road, Watford. Hertfordshire. WD19 4QL
Tel,: +44 1923 728799 Email: firstname.lastname@example.org Web: www.accountsforme.co.uk
2.5. For most of our engagements and services, you will be required to accept a service engagement from us, and we will then accept that we will act in accordance with our ‘Standard Terms and Conditions’ and the guidelines of our association.
2.6. We will confirm our engagements in writing and will normally request you to sign a copy of any specific engagement letters and return them to us or electronically approve these via our document portal. If we do not receive our copies of the signed engagement letters back then you warrant that our ‘Standard Terms and Conditions’ are agreed.
2.7. We reserve the right, at our discretion, not to accept any engagement. This may be due to technical constraints, because we have been unable to confirm your identity, or for any other reason.
2.8. In accordance with the disclosure requirements of the Provision of Services Regulations 2009, Our professional indemnity insurer is Qdos Status Services Limited Windsor House, Troon Way Business Centre, Humberstone Lane, Leicestershire, LE4 9HA Tel: 0116 2690 999, www.qdoscontractor.com
3. Applicable Law
3.1. Our Letter of Engagement, the schedules of services and our Standard Terms and Conditions of business are governed by and should be construed in accordance with English law. Each party agrees that the courts of England will have exclusive jurisdiction in relation to any claim, dispute or difference concerning this engagement letter and any matter arising from it on any basis. Each party irrevocably waives any right it may have to object to any action being brought in those courts, to claim that the action has been brought in an inappropriate forum, or to claim that those courts do not have jurisdiction.
3.2. If any provision in these Standard Terms and Conditions of Business or any associated Letter of Engagement, or its application, are found to be invalid, illegal, or otherwise unenforceable in any respect, the validity, legality or enforceability of any other provisions shall not in any way be affected or impaired.
4. Changes In the Law
4.1. We will not accept responsibility if you act on advice previously given by us without first confirming with us that the advice is still valid in the light of any change in the law or your circumstances.
4.2. We will accept no liability for losses arising from changes in the law or the interpretation thereof that occur after the date on which the advice is given.
5. Your Responsibilities
5.1. The advice and service that we provide can only be as good as the information upon which it is based.
5.2. In so far as that information is provided by you, or by third parties with your permission, your responsibility arises as soon as possible if any circumstances or facts alter as any alteration may have a significant impact on the advice given. If the circumstances change therefore or your needs alter, advise us of the alteration as soon as possible in writing.
5.3. Unless we are engaged to process your bookkeeping, payroll or VAT Returns, you agree to keep your accounting records up to date with all your trading activities, including but not limited to processing if all your invoices and expenses, recording withdrawals, payments and receipts, reconciling your bank accounts and credit card statements on a regular basis, filing your VAT Returns and if you are registered for payroll, filing your RTI submissions when required through the necessary software.
5.4. It is wholly your responsibility for the accuracy and completeness of your accounting information, and we are wholly dependent on you supplying any information or explanations to us for the purpose of fulfilling the services detailed in our engagement. We are under no obligation to specifically identify missing or incomplete information from your accounting system although we will do our best to assist you with the accuracy of your financial information (accounting and payroll records) when we complete our work.
6. Client Identification
6.1. As with other professional services firms, we are required to identify our clients for the purposes of the Bribery Act 2010, Fraud Act 2006, Criminal Finances Act 2017, Terrorism Act 2000, Proceeds of Crime Act 2002 the Money Laundering Terrorist Financing and Transfer of Funds Regulations 2017 as well as other UK Law. We may request from you, and retain, such information and documentation as we require for these purposes and/or make searches of appropriate databases.
6.2. Part of those duties requires us to obtain documentary evidence to confirm the identity, addresses and business details of you and your beneficial owners, officers, and managers, which we will require before accepting your instruction. The information we will need mainly (but not limited to) is: [A Utility bill (from either you/your company) not more than three months old, a Passport or driving licence or Photo ID cards of each named beneficial owner, officer and manager, and a Certificate of Incorporation (if a Ltd company)]
6.3. We will accept your instructions on the assumption that you are honest and law abiding, however, should suspicions arise concerning criminal activity, terrorism and/or money laundering we will be obliged to make a report to the appropriate authorities and may be prohibited from telling you we have done so.
6.4. We will not be liable for any loss and/or costs which result from our compliance with the Bribery Act 2010, Fraud Act 2006, Criminal Finances Act 2017, Terrorism Act 2000, Proceeds of Crime Act 2002 the Money Laundering Terrorist Financing and Transfer of Funds Regulations 2017 and other UK Law.
7.1. Our fees are calculated based on time spent on your affairs, the levels of skill and responsibility involved, the importance and value of the advice provided to you, and the level of risk. In addition, we may charge disbursements of travel, accommodation and other expenses incurred in dealing with your affairs.
7.2. If it is necessary for us to carry out work that is outside the scope of the engagement currently in place with you, we will advise you of this in advance, where possible. Any additional work will result in additional fees being charged. We would therefore like to point out that it is in your interests to ensure that the information you provide us with is completed to the agreed stage.
7.3. If we give you an estimate of our fees for carrying out any specific work, then that estimate will not be contractually binding unless we have explicitly stated that will be the case.
7.4. If we agree a fixed fee with you for providing a specific range of services this will be the subject of a separate agreement. This agreement will set out the period which the fixed fee relates to and the services covered by it. Monthly fixed fee terms are set out in paragraphs 7.10 to 7.12.
7.5. Where we have agreed that you will pay on an invoice rendered basis, invoices are payable in full (including disbursements) in accordance with the terms set out on the invoice. Our standard payments terms are 7 days from the date of the invoice
7.6. Where we have agreed that you will pay us on a direct debit or standing order basis, we will agree with you separately the amount and frequency of payments. These direct debits or standing orders will be applied to fees arising from work agreed in our letter of engagement for the current and ensuing years. Where a scheduled monthly payment is not made any fees invoiced to you that are outstanding at that time will immediately become due for payment in entirety.
7.7. You may have an insurance policy or membership of a trade or professional body that entitles you to assistance with payment of our fees in some situations. A particular example would be assistance with an investigation by HM Revenue and Customs. Unless you arranged the insurance through us then you will need to advise us of any such cover you have. Please note that you remain liable for our fees regardless of whether all or part are liable to be paid by your insurers.
7.8. If we cease to act for you then you agree to meet all reasonable costs of providing information to your new advisers. You agree to meet these costs where we are required by law to provide information to a successor firm.
7.9. As directors you guarantee to personally pay any fees (including disbursements) for services provided to the company that the company is unable to pay. This clause shall become effective in the event of a receiver or liquidator being appointed to the company or the company otherwise being wound-up.
Monthly fixed fees
7.10. Your monthly fixed fee package subscription will be agreed with you and is payable monthly in advance. The subscription rates will be agreed with you in our ‘Engagement Letter’ or via alternative means in writing.
7.11. You will be notified of any changes to your subscription payment plan, and we reserve the right to review your subscription payment plan every three months. It is a requirement that all clients agree to set up a monthly standing order or direct debit for the payment of our monthly fees.
7.12. Unless a specific date is requested in writing, our monthly standing order should be set-up for the 7th of every month.
Set up and client take on fees
7.13. A set up and client take on fee may be charged when you engage “Accountsforme Ltd”. The fee will vary dependent on your circumstances. This fee may be added into the monthly fixed fee for the first period at our discretion.
7.14. Our set up and / or client take on fee will be agreed with you in our ‘Engagement Letter’ or via alternative means in writing.
7.15. Please note that for completing financial statements or accounts, we require at least 10 months of your monthly subscription to have been paid in respect of the financial period in question.
Non-Payment Of fees
7.16. All our invoices are due for payment within 7 days upon presentation unless terms have been agreed in writing separately with you. Where our invoices remain unpaid after their due date, we will not guarantee that the work agreed in our Engagement Letter(s) will be carried out. If we agree with you to continue carrying out work whilst invoices remain unpaid, the work will be rescheduled, and we will not accept any responsibility for the failure to meet relevant deadlines. The terms of our Engagement Letter(s) will only reapply when all outstanding amounts due have been fully paid.
7.17. Where a monthly fixed fee and / or payment plan has been agreed, any cancellation of your standing order or your direct debit payment will result in all outstanding invoices being due immediately. Whilst invoices or payments remain due, paragraph 7.16 will apply.
7.18. If invoices or payments under your fixed fee arrangement remain outstanding for more than 90 days, we will suspend all work for you immediately unless an alternative agreement has been agreed with you in writing.
Other Fees Information
7.19. Our fees are exclusive of VAT which will be added where it is chargeable.
7.20. Any disbursements we incur on your behalf and expenses incurred while carrying out our work for you will be added to our invoices where appropriate and may require separate payment.
7.21. No fees are refundable for any invoices already billed and paid.
7.22. We reserve the right to charge interest on overdue accounts at the current rate under the Late Payment of Commercial Debts (Interest) Act 1998. We also reserve the right to terminate our engagement and cease acting if payment of any fees billed is unduly delayed.
7.23. If you do not accept that an invoiced fee is fair and reasonable you must notify us within 7 days of receipt, failing which you will be deemed to have accepted that payment is due.
7.24. If a client company, trust, or other entity is unable or unwilling to settle our fees we reserve the right to seek payment from the individual giving us instructions on behalf of the client and you agree that we shall be entitled to enforce any sums due.
7.25. Any variations to these terms will be detailed in your bespoke engagement letter and / or proposals submitted to you under separate cover.
8. Help Us Give You The Right Service
8.1. If at any time you would like to discuss with us how our service to you could be improved, or if you are dissatisfied with the service you are receiving, please let us know by contacting our Managing Director.
8.2. We undertake to investigate any complaint carefully and promptly and do all we can to explain the position to you. If we do not answer your complaint to your satisfaction, you may of course take up the matter with the Institute of Certified Bookkeepers in England and Wales.
8.3. For us to provide you with a high-quality service on an ongoing basis it is essential that you provide us with relevant records and information when requested, reply to correspondence in a timely manner and otherwise follow the terms of the agreement between us set out in this Standard Terms of Business and associated Engagement letters. We therefore reserve the right to cancel the engagement between us with immediate effect in the event of:
• your insolvency, bankruptcy or other arrangement being reached with creditors;
• failure to pay our fees by the due dates; and
• either party being in breach of their obligations where this is not corrected within 30 days of being asked to do so.
9. Commissions Or Other Benefits
9.1. In some circumstances we may receive commissions or other benefits for introductions to other professionals, services or in respect of transactions, which we arrange for you. Where this happens, we may notify you in writing of the amount and terms of payment and receipt of any such commissions or benefits. The same will apply where the payment is made to or the transactions are arranged by a person or business connected with ours. The fees you would otherwise pay will not be reduced by the amount of the commissions or benefits.
10. Client Monies
10.1. It is not our policy to hold money on your behalf and no client accounts will be held.
11. Retention of And Access Records
11.1. You have a legal responsibility to retain documents and records relevant to your financial affairs. During the course of our work, we may collect information from you and others relevant to your tax and financial affairs. We will return any original documents to you, if requested.
11.2. Documents and records relevant to your tax affairs are required by law to be retained as follows:
Individuals, trustees, and partnerships: with trading or rental income: 5 years and 10 months after the end of the tax year, otherwise: 22 months after the end of the tax year.
Companies, Limited liability Partnerships and other corporate entities: 6 years from the end of the accounting period.
11.3. Whilst certain documents may legally belong to you, we may destroy correspondence and other papers that we store electronically or otherwise that are more than seven years old, except documents we think may be of continuing significance. You must tell us if you wish us to keep any document for any longer period.
12.1. Communication between us is confidential and we shall take all reasonable steps to keep confidential your information except where we are required to disclose it by law, by regulatory bodies, by our insurers or as part of an external peer review. Unless we are authorised by you to disclose information on your behalf this undertaking will apply during and after this engagement
12.2. We reserve the right, for the purpose of promotional activity, training or for other business purpose, to mention that you are a client. As stated above we will not disclose any confidential information
13. Conflicts of Interest
13.1. We will inform you if we become aware of any conflict of interest in our relationship with you or in our relationship with you and another client unless we are unable to do so because of our confidentiality obligations. We have safeguards that can be implemented to protect the interests of different clients if a conflict arises. Where conflicts are identified which cannot be managed in a way that protects your interests then we regret that we will be unable to provide further services.
13.2. If there is a conflict of interest that is capable of being addressed successfully by the adoption of suitable safeguards to protect your interests, then we will adopt those safeguards. We reserve the right to provide services for other clients whose interests are not the same as yours or are adverse to yours subject of course to the obligations of confidentiality referred to above.
14. Data Protection
14.1. During our instruction, we will need to process your personal data. When doing so we confirm that we shall comply with the provisions of the Data Protection Act 1998 and the General Data Protection Regulations 2017 from 25 May 2018. We will need to process your personal data to complete the terms of engagement and are likely to use it when maintaining our client records and/or for complying with supervisory, regulatory, and legal requirements and crime prevention. In order to comply with our supervised requirements, we will need to share your personal information with our supervisor, ICB.
15. Professional Clearance
15.1. If you have already traded and an agent has been previously engaged to look after your accountancy and/or taxation affairs then we will contact them to gain Professional Clearance and obtain historical data, which we will do upon you becoming a client of Accountsforme Ltd.
16. Accounting And / Or Taxation Periods
16.1. We will start acting as your accountant and / or tax advisor and / or bookkeeper for the financial or fiscal year in which you start engaging our services. Any previous periods of accounts or tax returns must be completed and filed by your previous agents, or arrangements can be made with us separately for us to perform these activities.
16.2. If your previous year’s Accounts and / or Tax Returns have not been filed, and you’re accounting and tax records are not up to date by the time we require the information then we will be unable to file them unless we have been engaged expressly to do so. Any fines or penalties resulting from this will not be the responsibility of Accountsforme Ltd.
17.1. Should we resign or be requested to resign we will normally issue a disengagement letter to ensure that our respective responsibilities are clear. Should we have no contact with you for a period of 6 months or more we may issue to your last known address a disengagement letter and hence cease to act.
18. Electronic and Other Communication
18.1. Unless you instruct us otherwise, we may, where appropriate, communicate with you and with third parties via email or by other electronic means. The recipient is responsible for virus checking emails and any attachments.
18.2. With electronic communication there is a risk of non-receipt, delayed receipt, inadvertent misdirection, or interception by third parties. We may use virus-scanning software to reduce the risk of viruses and similar damaging items being transmitted through emails or electronic storage devices. However electronic communication is not totally secure, and we cannot be held responsible for damage or loss caused by viruses nor for communications, which are corrupted or altered after despatch. Nor can we accept any liability for problems or accidental errors relating to this means of communication especially in relation to commercially sensitive material. These are risks you must bear in return for greater efficiency and lower costs. If you do not wish to accept these risks, please let us know and we will communicate by paper mail, other than where electronic submission is mandatory.
18.3. Any communication by us with you sent through the post system is deemed to arrive at your postal address two working days after the day that the document was sent.
19.1 We will only assist with implementation of our advice if specifically instructed and agreed in writing.
20. Intellectual Property Rights
20.1. We will retain all copyright in any document prepared by us while carrying out the engagement save where the law specifically provides otherwise.
21.1. If any provision of our engagement letter or terms of business is held to be void, then that provision will be deemed not to form part of this contract. In the event of any conflict between these terms of business and the engagement letter or appendices, the relevant provision in the engagement letter or schedules will take precedence.
22. General Limitation Of Liability
22.1. We will provide services as outlined in our letter of engagement with reasonable care and skill. However, to the fullest extent permitted by law, we will not be responsible for any losses, penalties, surcharges, interest, or additional tax liabilities where you or others supply incorrect or incomplete information or fail to supply any appropriate information or where you fail to act on our advice or respond promptly to communications from us or the tax authorities.
22.2. You will not hold us, the owners of this firm and any staff employed by the firm, responsible, to the fullest extent permitted by law, for any loss suffered by you arising from any misrepresentation (intentional or unintentional) supplied to us orally or in writing in connection with this agreement. You have agreed that you will not bring any claim in connection with services we provide to you against any of the principals or employees personally.
22.3. Our work is not, unless there is a legal or regulatory requirement, to be made available to third parties without our written permission and we will accept no responsibility to third parties for any aspect of our professional services or work that is made available to them.
22.4. We need you to consider the extent of our liability to you in respect of the professional services described within this engagement letter (the professional services). We propose that, having considered both your circumstances and our own, that an amount exclusive of VAT of fees paid by you to us, during the preceding three months (for monthly fee payers) or Preceding Annual Fee (for annual fee payers), represents a fair maximum limit to our liability. By signing these terms and conditions you confirm your agreement to limit.
Exclusion of liability for loss caused by others
22.5. We will not be liable if such losses, penalties, surcharges, interest, or additional tax liabilities are due to the acts or omissions of any other person or due to the provision to us of incomplete, misleading or false information or if they are due to a failure to act on our advice or a failure to provide us with relevant information.
Exclusion of liability in relation to circumstances beyond our control
22.6. We will not be liable to you for any delay or failure to perform our obligations under this engagement letter if the delay or failure is caused by circumstances outside our reasonable control.
Exclusion of liability relating to the discovery of fraud etc.
22.7. We will not be responsible or liable for any loss, damage or expense incurred or sustained if information material to the service we are providing is withheld or concealed from us or misrepresented to us. This applies equally to fraudulent acts, misrepresentation, or wilful default on the part of any party to the transaction and their directors, officers, employees, agents, or advisers.
22.8. This exclusion shall not apply where such misrepresentation, withholding or concealment is or should (in carrying out the procedures which we have agreed to perform with reasonable care and skill) have been evident to us without further enquiry.
Indemnity for unauthorised disclosure
22.9. You agree to indemnify us and our agents in respect of any claim (including any claim for negligence) arising out of any unauthorised disclosure by you or by any person for whom you are responsible of our advice and opinions, whether in writing or otherwise. This indemnity will extend to the cost of defending any such claim, including payment at our usual rates for the time that we spend in defending it.
23. Internal Disputes Within A Client
23.1. If we become aware of a dispute between the parties who own or are in some way involved in the ownership and management of the business, it should be noted that our client is the business, and we would not provide information or services to one party without the express knowledge and permission of all parties. Unless otherwise agreed by all parties we will continue to supply information to the registered office/normal place of business for the attention of the directors/proprietors. If conflicting advice, information, or instructions are received from different directors/principals in the business we will refer the matter back to the board of directors/the partnership and take no further action until the board/partnership has agreed the action to be taken.
24. Investment Advice
24.1. The Financial Services and markets Act 2000 regulate investment business. If during the provision of professional services to you, you need advice on investments including insurances, we may have to refer you to someone who is authorised by the Financial Services Authority, as we are not.
25.1. Insofar as we are permitted to so by law or professional guidelines, we reserve the right to exercise a lien over all funds, documents and records in our possession relating to all engagements for you until all outstanding fees and disbursements are paid in full.
26. Limitation Of Third-Party Rights
26.1. The advice and information we provide to you as part of our service is for your sole use and not for any third party to whom you may communicate it unless we have expressly agreed in the engagement letter that a specified third party may rely on our work. We accept no responsibility to third parties, including any group company to whom the engagement letter is not addressed, for any advice, information or material produced as part of our work for you, which you make available to them. A party to this agreement is the only person who has the right to enforce any of its terms and no rights or benefits are conferred on any third party under the Contracts (Rights of Third Parties) Act 1999.
27. Period of Engagement and Termination
27.1. Unless otherwise agreed in the letter of engagement our work will begin when we receive your implicit or explicit acceptance of that letter. Except as stated in that letter we will not be responsible for periods before that date.
27.2. Unless otherwise agreed in our engagement letter, our work will begin when we receive implicit or explicit acceptance of that letter. Except as stated in that letter we will not be responsible for periods before that date.
27.3. Unless otherwise agreed in the Engagement Letter, each of us may terminate our agreement by giving not less than 30 days’ notice in writing to the other party except where you fail to cooperate with us or we have reason to believe that you have provided us or HMRC with misleading information, in which case we may terminate this agreement immediately. Termination will be without prejudice to any rights that may have accrued to either of us prior to termination.
27.4. In the event of termination of our contract, we will endeavour to agree with you the arrangements for the completion of work in progress at that time, unless we are required for legal or regulatory reasons to cease work immediately. In that event, we shall not be required to carry out further work and shall not be responsible or liable for any consequences arising from termination.
28. Reliance On Advice
28.1. We will endeavour to record all advice on important matters in writing (or email). Advice given orally should not be relied upon unless confirmed in writing. Therefore, if we provide oral advice (for example during a meeting or a telephone conversation) and you wish to be able to rely on that advice, you must ask for the advice to be confirmed by us in writing.
28.2. Unless specifically instructed and agreed in advance we will not assist with the implementation of our advice.
29. Use Of Our Name In Statements or Documents Issued By You
29.1. You are not permitted to use our name in any statement or document that you may issue unless our prior written consent has been obtained. The only exception to this restriction would be statements or documents that in accordance with applicable law are to be made public.
30. Draft / Interim Work
30.1. In the course of our providing services to you we may provide advice or reports or other work products in draft or interim form. However final written work products will always prevail over any draft or interim statements. Where you request it, we will provide up with written confirmation of matters stated orally.
31. Provision Of Cloud Based Services
31.1. Where the firm provides accounting software in the Cloud, this will be provided by a third party (the ‘Cloud Supplier’).
31.2. The service provided by the Cloud Supplier will be a discrete web based hosted facility, and you agree that access will also be provided to the firm and the third party.
31.3. The firm cannot be held liable for any interruption of service provided by the Cloud Supplier. However, we will liaise with them to help ensure that normal service is resumed as soon as possible.
32. Retention Of Records
32.1. You have a legal responsibility to retain documents and records relevant to your financial affairs. During the course of our work, we may collect information from you and others relevant to your tax and financial affairs. We will return any original documents to you, if requested.
32.2. Documents and records relevant to your tax affairs are required by law to be retained as follows:
Individuals, trustees, and partnerships: with trading or rental income: 5 years and 10 months after the end of the tax year, otherwise: 22 months after the end of the tax year.
Companies, Limited liability Partnerships and other corporate entities: 6 years from the end of the accounting period.
32.3. Whilst certain documents may legally belong to you, we may destroy correspondence and other papers that we store electronically or otherwise that are more than seven years old, except documents we think may be of continuing significance. You must tell us if you wish us to keep any document for any longer period.
33. Investment Services
33.1. We are not authorised by the Financial Conduct Authority to conduct Investment Business. If you require investment business services, we will refer you to a firm authorised by the Financial Conduct Authority.
34. Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard
34.1. Unless agreed specifically in a separate engagement letter, we are not responsible for your compliance with the International Tax Compliance (United States of America) Regulations 2013, produced as a result of FATCA. We are not responsible for the categorisation of any UK entity into either a Financial Institution (FI) or an active or passive Non-Financial Foreign Entity (NFFE) nor, if a Financial Institution, for its registration with the US Internal Revenue Service (IRS) and subsequent submission of the required annual returns to HM Revenue and Customs.
35. Tax Schemes and General Anti-Abuse Rule
35.1. Since 17 July 2013 a General Anti-Abuse Rule has been in operation in the UK. This rule enables HM Revenue and Customs to further tackle abusive tax planning schemes. Due to the low probability of eventual success of such schemes and the high ethical standards of this firm, it is our policy not to advise on tax schemes that we consider to be artificial or aggressive in nature. Please let us know if you would like to discuss this matter further or if you feel that you are disadvantaged in any way by the firm’s policy on tax avoidance.
36. The Provision of Services Regulations 2009
36.1. Our professional indemnity insurer is Qdos Status Services Limited
Windsor House, Troon Way Business Centre, Humberstone Lane, Leicestershire, LE4 9HA Tel: 0116 2690 999, www.qdoscontractor.com
36.2. Licensed and regulated by the Institute of Certified Bookkeepers (ICB) and supervised under the Money Laundering Regulations 2007. Registered Practice No.: 16434
36.3. Accountsforme Ltd, Registered in England and Wales No: 08773037. Registered Address: 20 Sheridan Road, Watford. Hertfordshire. WD19 4QL
Tel,: +44 1923 728799