Continuity from previous accountant
JodieR
Registered Posts: 1,002 Beyond epic contributor 🧙♂️
Client runs her business from an extension to her home and the previous accountant has (as expected) claimed quite a large amount in respect of 'use of home as office' in last year's accounts, but provided no indication as to how it was calculated when she sent me her clearance letter & documents.
Do you think I should ask her what basis she calculated the amount on so that I can be consistant in future, or should I just start from scratch and work out an appropriate portion as I would for a new business?
Do you think I should ask her what basis she calculated the amount on so that I can be consistant in future, or should I just start from scratch and work out an appropriate portion as I would for a new business?
0
Comments
-
There's no harm in asking for the calculation- worst case scenerio is that the previous accountant says no.
Personally, regardless of whether or not you get a response from the previous accountant I would still calculate your own business use of home charge just in case the previous accountant's charge is wrong.
You might want to wait a bit before you go back to the previous accountant just in case you realise you need other information- you don't want to have to keep going back to the previous accountant.0 -
There's no harm in asking for the calculation- worst case scenerio is that the previous accountant says no.
Personally, regardless of whether or not you get a response from the previous accountant I would still calculate your own business use of home charge just in case the previous accountant's charge is wrong.
You might want to wait a bit before you go back to the previous accountant just in case you realise you need other information- you don't want to have to keep going back to the previous accountant.
I agree 100% with this.0 -
Thanks0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 324 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 94 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership