Hi All
First post so please go easy on me. I took the plunge & went Ltd earlier this year & appointed a new accountant to look after things. I was self employed until 2007 when I changed jobs & went back onto PAYE but the revenue asked me to keep submitting a self assessment for a further 5 years. I've asked my new accountant to process my Self Assessment for 10-11 & they have sent me a form to sign in which I authorise them to be my nominee & therefore any repayments go directly to them.
I'm slightly uneasy about this & was wondering if this was standard practice?
With my old accountant they would receive notice of any repayments but the cheque would always come directly to me.
Thanks in advance for any reply's
First post so please go easy on me. I took the plunge & went Ltd earlier this year & appointed a new accountant to look after things. I was self employed until 2007 when I changed jobs & went back onto PAYE but the revenue asked me to keep submitting a self assessment for a further 5 years. I've asked my new accountant to process my Self Assessment for 10-11 & they have sent me a form to sign in which I authorise them to be my nominee & therefore any repayments go directly to them.
I'm slightly uneasy about this & was wondering if this was standard practice?
With my old accountant they would receive notice of any repayments but the cheque would always come directly to me.
Thanks in advance for any reply's
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