With the CCO coming into effect I have done a risk assessment on all clients.
It has got me wondering though. If a client was to say incorrectly claim VAT intentionally on an expense and that error was not picked up in the accounts - would we then be classed as helping to facilitate? If so what measures can be put into place for this other than checking every single receipt?
also if say a client had terrible bookkeeping- payments received in cash not allocated to invoices etc. If hmrc investigated and deemed them to have undeclared income - what else can we do to eliminate any risk of us being liable under CCO?
any thoughts gratefully appreciated