I have always had a core rule with clients, I only deal with them if i deal with everything they do, including personal tax returns.
A few years ago i broke that rule and took on the accounts for a successful company but the directors wanted to carry on using a different accountant to do SA returns (this is how the previous firm of accountants had also operated).
Finally the directors decided this year to use us to do their returns and yes there is a problem...
The SA returns show dividends that are in some cases tens of thousands of pounds different to the amounts shown in the accounts over the last six years at least.
My question is what adjustments are needed?
Can we tell HMRC and then point out that they are too late to assess (in most cases) or do we have to go back all the years and agree a settlement?
In one year there is an enquiry into a specific part of the tax returns but NOT dividends.