I am currently compiling a new client's SA100 for 12-13 when I noticed three errors in last year's return prepared by a different firm.
The result is that he is now due a refund of £2,100 when it is corrected. As I could do it very easily and quickly I'd rather correct it and charge a fairly small £150 for doing so. Do we have to give the original accountant the opportunity to correct it free of charge or can I re-do it and ask the client to approach them for a refund. (My fee would be less than they originally charged to do the return).
The errors are basic, such as wrong date of birth (his wife's!), claiming 10% wear and tear on an unfurnished property and the biggie, not entering pension contributions paid. He is a £110-115k earner so in the effective 60% rate so this is what is leading to the £2k overpaid.
I would rather not get involved in argy bargy with another local firm (both ICAEW) as we are all human but they clearly had a junior do the return and not properly reviewed.
So can I just do it or should we contact the old firm and ask them to correct or refund? Presumably it should be the client who contacts them rather than me?
Thanks for advice