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!
- TaxCalc Accounts production 112 2
- Working out private usage for a Taxi Driver? 365 8
- Fines for filing 12 months of FPS on one submission 205 3
- Running two businesses from the same premises 398 5
- HMRC BACK AND FORTH FIGHT ON BTL PROPERTY ALLOWANCES 68 2
- Invest in ''buy to let'' property 1,360 42
- How much of your work is admin? 623 5
- Nominal Ledger 386 11
- Gave wrong info to client about tax due 571 20
- Base value unavailable re. Capital Gain 187 2
- Old CGT loss 205 3
- Gov.UK = NOT OK! 172 3
- Paper tax return 154 4
- Start up allowance? 378 12
- Will I need to resign? 195 1
- Penalty for late PAYE registration? 246 3
- AIA or IFA 456 7
- Surely not? 460 10
- Batch input of data to Xero - is there an app? 643 9
- Late Registration for VAT 363 11