I have a ex-client (Ltd) that has not paid me. Ex-Client has cancer (do not know how serious it is) so not sure if I will get payment. I have for this reason withheld any legal action for the time being.
I provided professional clearance to his new accountants a year back and they had filed the accounts. Now HMRC are carrying out a compliance check on the client and his accountants have requested more information on some of the balance sheet items espeecially regarding the opening balances like Director Loan account detailed breakup. Looks like the compliance check is for the year that new accountant has filed
I would provide the information free of charge as long as he settles the debt or even make an offer as this has just been dragging.
My isssue is that while I like to withhold the information until i get paid but my accountancy body seems to think I have the onus to provide the information even though we are owed money as there are two seperate issues