I'm a bit late to the party but I've been looking at this myself and after doing some online research I have found a number of different accountants using the following paragraph in their terms of business.
Provision of cloud-based services
Where the firm provides accounting software in the Cloud, this will be provided by a third party (the ‘Cloud Supplier’). The third party is responsible for Confidentiality, Internet Communication, Data Protection Act and General Limitation of Liability.
The service provided by the Cloud Supplier will be a discrete web based hosted facility, and you agree that access will also be provided to the firm and the third party.
The firm cannot be held liable for any interruption of service provided by the Cloud Supplier. However, we will liaise with them to help ensure that normal service is resumed as soon as possible.
My answers
Out of interest, what did you do to sort this?
I think I've just answered my own question.
The new ASA authority should mean that a 64-8 is not needed. I've just spoken to HMRC (for the second time) and cleared security.
The first time I was told that I didn't have authority even though I have the ASA in place and I needed to also have a 64-8, which was wrong.
Hi,
I'm a bit late to the party but I've been looking at this myself and after doing some online research I have found a number of different accountants using the following paragraph in their terms of business.
Provision of cloud-based services
Where the firm provides accounting software in the Cloud, this will be provided by a third party (the ‘Cloud Supplier’). The third party is responsible for Confidentiality, Internet Communication, Data Protection Act and General Limitation of Liability.
The service provided by the Cloud Supplier will be a discrete web based hosted facility, and you agree that access will also be provided to the firm and the third party.
The firm cannot be held liable for any interruption of service provided by the Cloud Supplier. However, we will liaise with them to help ensure that normal service is resumed as soon as possible.
Yes, defer tax or hold the dividend in a corporate wrapper for future investment.
The 2 shareholders don't want one taking out more than the other or have to keep tabs on who has historically had what.