Prof Ethics Simulation
kaywatts
Registered Posts: 2 New contributor 🐸
Can anyone answer the following supplementary Q. Probably obvious, by I can't get my head around it?
Consider the following quote and explain why this is unacceptable under the AAT Guidelines on Prof Ethics.
"part of our fee will be based on a percentage of the tax savings we identify for you".
Consider the following quote and explain why this is unacceptable under the AAT Guidelines on Prof Ethics.
"part of our fee will be based on a percentage of the tax savings we identify for you".
0
Comments
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A member can state only that a client's affairs will be reported fully and accurately because there is a public duty to taxation authorites who provide public information as well as a duty to represent the client in the best possible manner within the ethical principles of the professions. This offer would compromise a member's professional obligation to be objective and independent. This offer also amounts to a contingency fee and the member can't guarantee to make a tax saving, only report accurately.
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this should get you started I am sure others will be along soon!0
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