AAT full membership and licence

Practice Licence

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I have been running my own bookkeeping business for the last 4 years whilst studying AAT. I've just passed L4 and about to apply for full membership. I've just learned however that a practice licence is required but you need to be a full member before getting one, yet the declaration on the membership application form states that 'I will not offer or provide bookkeeping or accountancy services or will refrain from doing so until a licence is in place'.... This would suggest that I cease my business until this membership and licence comes though?! Anyone got any experience of this? I'm happy to declare that I will refrain from any AAT reference until I have these but unwilling to shut shop as this is my livelihood.  All a bit unclear.  

I have PII and have registered with ICO and HMRC for AML - just didn't know about the licence! Thank you!

Replies (2)

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By pacta
27th Aug 2016 00:26

Per the rules of the AAT you are wrong, and you must burn.

From a pragmatic point of view they can shove their restriction where the son doesn't shine and you say no more about it. Capiche?

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Replying to pacta:
Tornado
By Tornado
27th Aug 2016 08:37

Rules are rules and I think it is bad advice to ignore them, especially as insurance cover is entirely dependent on complying with rules.

This is a situation that must arise all the time so I suggest you contact AAT and arrange for the Practice Licence to be issued at the same time as membership is granted. In the meantime you should be OK as long as you do not give anyone the impression that you are trading as an AAT member in practice.

AAT will be very pleased to have you as a member and I am sure that they will help you as much as they can.

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