how to be a member in practice?

hihetal2003
hihetal2003 Registered Posts: 1 New contributor 🐸
in General accounting discussion
Hi

i am self employed. can anyone please let me know what i need to do to get MIP certificate?

Thank you for your time.

Hetal

Comments

  • burg
    burg Moderator, FMAAT, AAT Licensed Accountant Posts: 1,441
    you will need to get Professional Indemnity Insurance and fill out the application demonstrating your knowledge and experience.

    See here http://www.aat.org.uk/content/item1769/
    Regards,

    Burg
  • DOTTY
    DOTTY Registered Posts: 22 Dedicated contributor 🌟 🐵 🌟
    Do I have to worry

    Hi Burg,

    I work in industry and my husband has just started up as a plumber, i have agreed to do all his bookkeeping and accounting, do i need to consider anything.............. like MIP and insurances?

    Many Thanks
  • burg
    burg Moderator, FMAAT, AAT Licensed Accountant Posts: 1,441
    Again if you follow the link above it describes the circumstances when you will be exempt.

    If the work is voluntary or the total fee income is less than £1000 then you may be exempt
    Regards,

    Burg

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