Fees
Our fees are based on time spent on your affairs, levels of skill and risk etc. Once a pattern has been established, unless there is a change in circumstances or we warn you in advance, our fees will be comparable with the previous year. Our fees will normally be billed with the accounts or tax return and will be due within 30 days. If there is likely to be a significant change in costs – e.g. extra work required – we will contact you to discuss any additional charges as soon as possible.
Proceeds of Crime Act 2002 and Money Laundering Regulations 2007
In common with all accountancy and legal practices the firm is required by the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2007 to:
- Have identification procedures for all new clients
- Report in accordance with the relevant legislation and regulations. Basically if we ought to suspect that a financial advantage has been gained by a criminal act, we are required to report it to SOCA on pain of imprisonment!
Money Laundering
The definition of Money Laundering is very wide and would include such crimes as:
- deliberate tax evasion
- deliberate failure to inform the tax authorities or anybody else of known underpayments or excessive repayments
- fraudulent claiming of benefits or grants
- obtaining a contract through bribery
Clearly this list is by no means exhaustive.
Quality of Service
We wish to provide a high quality of service at all times. If you have any questions, suggestions or concerns please raise those matters with me in the first instance. However, if you raise any concerns which we cannot address to your satisfaction you have the right to take that issue up with the Institute.
Professional indemnity insurance
Our professional indemnity insurer is Aviva Insurance Ltd, of Pitheavlis, Perth, PH2 0NH. The territorial coverage is worldwide excluding the United States and Canada.
OTHER INFORMATION UNDER THE PROVISION OF SERVICES REGULATIONS
Our audit registration number is (EW)C009220665. The audit register can be accessed on www.auditregister.org.uk or www.cro.ie/auditors. The audit regulations can be seen at www.icaew.com/regulations. Those wanting to look at the APB Ethical Standards can feast their eyes on www.frc.org.uk/apb
Registrations
Registered in England: Company Number 4528381
VAT registration: Number 474 0496 34
Registered by the Institute of Chartered Accountants in England and Wales to carry out company audit work.
