Professional Clearance when fees outstanding...
We have received a professional clearance letter regarding a client who hasn't bothered to pay us, and even when we offered very good terms (let him pay a bill in arrears in 6 installments by direct debit), the last 3 months bounced.
We made it clear to the client that we wouldn't be doing any more work for him until outstanding invoices paid. There is no dispute as to the invoice, just the client says he doesn't have money to pay, and "why do you bother trying to collect the direct debit when it's going to bounce".
Anyway, client left (good riddance) and found another accountant, who is now asking for professional clearance and the usual (sets of accounts, debtors and creditors, TB, tax computations etc). I know that the client is extremely unlikely to pay what he owes if I give away the accounts etc.
How should I reply to the request for clearance? Whilst I want to get rid of this headache, I don't want to put any more work unpaid when I haven't been paid for the original work. What am I required to pass over, and what can I/shoudl I reply?
- Where can I get the information for this 361 7
- BrightPay 360 9
- If a company made large profits in 2009, is there a time limit for later losses to be set off against those profits to recover tax? 196 3
- CGT &LLP 70 2
- Am I at risk as an appointed Agent? 538 4
- Setting up an offshore company 91 1
- SDLT on Land Transfer to Connected Company and Averaging Relief 184 16
- Secure document exchange 118 3
- Question for FreeAgent users 158 4
- Any way of declaring a variable dividend? 392 7
- break even point 163 5
- Charity recouping VAT via a separate company 114 3
- Fax to email providers 326 11
- Payroll software 239 11
- Ghost messages from HMRC...... 131 1
- Amending supplier account code in Sage 50 141 4
- How to issue shares to investors 87 1
- Expense management software 629 12
- New Practice - Accounting Software 3,107 84
- Tax code 148 1