this is not an all singing all dancing engagement letter for all scenarios but for those offering tax / payroll services there has been a joint work by ATT, CIOT, ICAEW, ACCA, ICAS and IIT producing the document that can be accessed from this link
Its espechially important that everyone reviews their enagement letters as from next year when RTI penalties start being applied and clients start trying to sue us when (not if) HMRC makes a balls up of it we need to have all of our hatches battoned down (For those offering Payroll services you might also want to start considering multiplying current payroll charges by your shoe sizes in order to keep the service cost effective by comparrison to the growing inherent risk).
As usual with engagement letters the examples given are a start point and will be the start of many happy days of building the documents for your clients (If you just took the letters from this document for all services you could be looking at a 60+ page engagement letter and thats before you get to the more general points, lol).
have fun people and lets be careful out there (Hill street blue's if you were wondering where you had heard that line before).
Shaun.
p.s. edited only to turn the link into a hyperlink.
-- Edited by Shamus on Tuesday 6th of August 2013 04:33:29 PM
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
