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MIP Licence

jiltjilt Font Of All KnowledgeRegistered Posts: 2,903
Well after 6 weeks of waiting I finally got news that my application has been approved in full.

I thought I'd be ecstactic but it's sort of an anti climax really. Anybody else felt like that?

Comments

  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Hurrah! Congrats!

    I was the same as you - I was already practising and had been for a few years when I got mine, so it was like, woohoo, a bit of paper that lets me do what I've done for years :lol:
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Yeah I thinks it, thanks Jenni, feel better already :biggrin:
  • GinnyBeeGinnyBee Well-Known Registered, Tutor Posts: 131
    jilt wrote: »
    Well after 6 weeks of waiting I finally got news that my application has been approved in full.

    I thought I'd be ecstactic but it's sort of an anti climax really. Anybody else felt like that?

    What 6 weeks!!!!

    I sent mine last week I was kind of hoping for quicker than that! Is 6 weeks typical?

    Can someone tell me if I have to wait until I get my MIP licence before I'm allowed to advertise my practice and take on clients, or can I do it now?

    Oh and congratulations on getting yours through Jilt!
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Thanks Ginny. Not sure of that's typical or not, mine was delayed slightly cos I sent my CPD record for 2010-2011 and after 3 weeks they wrote asking me for a planner for 2011-2012. I sent it to them striaght away and after another 3 weeks I called them this morning.

    As I have been trading for a few years I was okay to carry on while my application was being considered, you may be best waiting until it comes through so that your sure what services you can offer. But I may just be being too cautious.
  • KaelaHKaelaH Well-Known FMAAT, AAT Licensed Accountant Posts: 131
    Congrats on the license!
    I think I felt a bit more relieved as, when I got mine, I felt that I could start building a Practice for myself. I'd done small amounts of book keeping up until then but had held off doing anything else.
    Mine only took 4 weeks to come through which I was surprised at as it was over the Christmas period. I guess it depends how many they have in and, like was said above, if they need further info.
    I was even more amazed tho last week as I applied to add a couple more areas to my license and it was approved the next day!
  • payrollpropayrollpro Trusted Regular Hampshire/SurreyRegistered, Working Together with HMRC Posts: 418
    May I add my congratulations as well. I think mine took a few weeks as well and I am well known to AAT so I had hoped mine would get a speedy passage. I don't think it happened.

    My business is a partnership and I was told, very bluntly, that I could advertise for clients but I was not permitted to carry out any work until all three partners had their licenses. My two partners are ACCA who took nearly 5 months to issue their practicing certificates, yes 5 months!

    During that time we had inquiries from people but couldn't officially do anything.

    Payrollpro
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Thanks guys. Good grief 5 months!! If I hadn't been able to carry out any work for that long I'd have been ruined.

    Maybe I'll get giddy when the actual piece of paper arrives, although my membership certificate is still sat in a cuboard somewhere.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    jilt wrote: »
    Thanks guys. Good grief 5 months!! If I hadn't been able to carry out any work for that long I'd have been ruined.

    Maybe I'll get giddy when the actual piece of paper arrives, although my membership certificate is still sat in a cuboard somewhere.

    For goodness sake, get a frame and put it on the wall! ;-) Though I wasn't that excited, it was nice to have something on the office wall at last (though I hung them in a far away corner as i didn't want clients to see that I had only just been licences having worked for them for years haha :lol:)

    Payroll pro, thats really harsh!
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Monsoon wrote: »
    For goodness sake, get a frame and put it on the wall! ;-) Though I wasn't that excited, it was nice to have something on the office wall at last (though I hung them in a far away corner as i didn't want clients to see that I had only just been licences having worked for them for years haha :lol:)

    That's why it's still in the cupboard! :-)
  • payrollpropayrollpro Trusted Regular Hampshire/SurreyRegistered, Working Together with HMRC Posts: 418
    Monsoon,

    It's worse than that. When my two partners, one of whom is my daughter (I'm giving away my age here!!) queried the time it was taking they were told, firstly, to be patient and secondly that so much time had passed an additional fee was due because they'd increased the charges. If ACCA had dealt with it efficiently we would have saved about £30.

    By the way, are you admitting you were trading without a license? Shame on you! And why are you guys working today?

    Payrollpro
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    payrollpro wrote: »
    Monsoon,

    It's worse than that. When my two partners, one of whom is my daughter (I'm giving away my age here!!) queried the time it was taking they were told, firstly, to be patient and secondly that so much time had passed an additional fee was due because they'd increased the charges. If ACCA had dealt with it efficiently we would have saved about £30.

    By the way, are you admitting you were trading without a license? Shame on you! And why are you guys working today?

    Payrollpro
    They charged you extra for their delay? Shocking!

    I was trading before I was a student. I got my MAAT and my MIP licence at the same time, which was 2 years after I passed all my exams, for various reasons including that darn MAS project!! So no, I was not a MAAT trading without a licence :) and, thank goodness for the AAT's practising rules!

    I'm not working, i need to get revising for my ATT exam on Weds, I'm foruming while they sing hymns (yes im watching the wedding!)
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Yep I'm working, and like Jenni traded as a student. Have watched some of the wedding on the PC. Wanted to see the dress, feminine curiosity, and was intriqued by the trees I saw on the news.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    The trees in the cathedral were fab, if thats what you mean!

    I am now frantically highlighting my Tolleys Yellow and skimming through my text book, trying to suppress feelings of panic!
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Yep that be the trees lol

    Don't panic, keep a level head and you'll be fine. Are you am or pm sitting?
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    AM. Have booked a hotel, dont want to have to get up at early o'clock!!
  • jiltjilt Font Of All Knowledge Registered Posts: 2,903
    Well if I don't speak to you before best of luck, I'm sure you'll be fine. Let me know how you get on x
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Thanks hun xx:)
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