I am in the process of starting book-keeping from home. I am AAT qualified and just wondered if I am able to do tax returns for all clients, be it soletraders or limited companies? I'm sure I was told whilst I was studying that with an AAT qualifiation you can only prepare tax returns for limited companies even though I studied personal tax and business tax. I understand that I will have to register with HMRC complete tax returns for clients..... Please could someone shed some light for me!
If you are AAT qualified you can join their MIP ( members in practice) which is what I am. You have to apply for membership and show what areas you have experience in, they then review your application and give you a license, which covers the skilled areas, I.e - book keeping, tax returns etc.
You have to pay a membership fee etc, you will need PII, and register with HMRC etc.