Never had this issue before, some advise is needed please.
Just took on a new client with a year end July 20. prev accountant submitted TR for 18/19 and put a SA303 in to reduce POA to 0.00. They had completed the accounts up to 31/7/19 but hasnt submitted the TR for 19/20 so its fell on me to do it.
Looking at the accounts, its clearly obvious that the SA303 shouldnt have been submitted. Clients tax is way above 1k.
Whats the best way to rectify? given January has already passed, he should have paid the 1/2 Estimate, im guessing he will incur insterest now? From what i can gather, July POA has been deffered to Jan 21, so it should only cause an issue with missing the Jan POA.
Should i just inform client of ex accountants mistake and leave it up to him to decide what action to take, or?