Errors in bookkeeping and CCO

What if something is missed?

Didn't find your answer?

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 

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By johngroganjga
02nd Oct 2017 05:00

You have to know something has happened to be guilty of the offence of facilitating it.

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Replying to johngroganjga:
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By PALacc
02nd Oct 2017 10:17

Thanks John, I think I had just overthought things prior to asking.

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