A journalist asked me recently “What is the worst mistake accountants can make when they are trying to ‘close’ a prospective client?” says Mark Lee.
Over recent weeks, there have been a few threads in Any Answers asking for advice on correcting errors, e
Found an error? Is a penalty likely? This article explains which penaty regime will apply to mistakes you find, and how to put them right.
When a business has made an error on a VAT return, the interaction of the new penalties and the voluntary disclosure process (now called 'error correction') is complicated, and has given rise t