Consultancy fees or professional fees.
AlexandraMoore
Registered Posts: 1
I'm currently an AAT student studying Level 4 and at the moment I am in the office alone and need some advice.
A client has just asked whether payments to the Workplace Advice Group (Workplace pensions specialists) are classed as consultancy fees or professional fees. I personally think it should be consultancy fees as the companies SIC code is 'management consultancy activities' but I would really like a second opinion from a professional please.
Thanks!
Alex
A client has just asked whether payments to the Workplace Advice Group (Workplace pensions specialists) are classed as consultancy fees or professional fees. I personally think it should be consultancy fees as the companies SIC code is 'management consultancy activities' but I would really like a second opinion from a professional please.
Thanks!
Alex
0
Comments
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I'd side with your thoughts.0
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What's the purpose of the distinction ? Is this for determining nominal payment posting ?0
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