Below is a brief summary of a recent professional negligence claim against an Accountant.
Our client's accountants failed to advise adequately on tax matters on matters going back to 2002. The claim was for negligent advice in respect of the application of certain provisions of the Income and Corporation Taxes Act.
Our client relied on his accountants to advise him on the proper approach to his accounts and on preparing his tax returns as well as minimising his tax bill. HMRC pursued our client for tax and sums due and we were instructed to pursue a claim against the accountants (successfully) as well as deal with HMRC.