Skip to Content
Skip to Main Menu

Is my company liable if my accountant makes a mistake?

Is my company liable if my accountant makes a mistake?

An independent accountant is hired as an 'agent' of a business, meaning that they carry out work on that company’s behalf. HMRC takes the view that, although the accountant has made the error, it is the company itself that is liable for any fines or penalties arising from these unfortunate circumstances. Final responsibility and liability for the accuracy and timeliness of tax returns and other document filing rests with your company. If your accountant has been blatantly unprofessional or has little practical experience of dealing with limited company accounts, you may choose to look for a replacement. You could also make a complaint against them via their professional accountancy body.

David Tattersall
Speak to a Handpicked Expert today

Hi there - I'm David from Handpicked Accountants. If you need help finding the right accountant, simply give me a call. My expertise is in connecting business owners with the very best professional services and I'm on hand to assist you today.

Subscribe to the newsletter and receive news, advice and key insights in your inbox every month

Thank you for subscribing to our newsletter. ×

By clicking submit you will receive the Handpicked Accountant newsletter. All emails include an unsubscribe link. You may opt-out at any time. See Privacy Policy.

Edit this Page