Me and a friend are considering starting our own practice but are becoming slightly confused on the issue of obtaining practice certificates from our professional bodies.
I am AAT qualified and my soon-to-be partner is part ACCA qualified. I am aware that I should obtain a practice certificate from AAT but am aware that this will prevent me from joining another professional body (ACA or ACCA for example) as I am already in practice. I am slightly disappointed to find that joining the AAT MIP scheme will prevent me from gaining any further professional qualifications, or is there any way around this?
My soon-to-be partner is part ACCA qualified so surely she won't be allowed a practicing certificate from ACCA?
Would it be OK for us to both trade under my AAT practicing certificate until my partner finishes her ACCA? Then could we swap and both trade under her ACCA certificate whilst I join another accounting body to study towards ACA/ACCA?
Any help would be greatly appreciated!
- Entrepreneur relief and deduction of Amortisation of Goodwill Pre2002 265 9
- Incorporate to utilise dividend allowance next year? 647 12
- Incorporated company charity 107 2
- property capital gains 308 3
- Closing down loss-making company 609 10
- Client gets a penalty and being threatening! 337 5
- Website Content 368 3
- Taxation of sinking fund contributions 430 5
- HMRC having technical difficulties 1,106 19
- Overpaid In Employers NI - RTI EYU for hundreds of employees 402 2
- Tips on meals 398 3
- Director owns 47% of shares in company A and 100% of shares in Company B. Is Company B a participator in Company A for S455 purposes? 242 2
- Stumped - IHT 453 6
- No PAYE Registration but need auto enrolment 576 12
- Transferring DLA between Directors 375 3
- Company restructure - Share valuation, ERS and PAYE 150 2
- FHLs and Entrepreneurs Relief 135 1
- Creative Auto Enrolment 863 12
- HMRC now overriding SA bank repayment details on tax returns 1,436 35
- New LLP, basis of assessment and which boxes to complete? 167 3