If you have suffered a loss because of negligent advice from your accountant talk to our specialist Professional Negligence Solicitors about whether you have a claim.
Accountants owe a duty of care to clients. If the accountant did not meet the high standards expected of them you have legal rights and remedies, including a potential claim for professional negligence.
Initial Telephone Discussion
Our highly experienced solicitors will provide expert advice and assist you. Please call us for an initial no-charge discussion on 01256 460830 or email us at [email protected].
If you ask an accountant for advice you expect to receive an excellent standard of service with attention to detail and timely action. There are times when accountants do not provide the level of care expected. Their advice can sometimes be negligent.
Poor service or lack of professionalism by an accountant does not, on its own, amount to professional negligence. To succeed a professional negligence claim against an accountant you need to be able to show that:
- The accountant owed you a duty of care.
- The accountant breached the duty of care.
- You suffered loss because of the breach of care.
Our expert Professional Negligence Solicitors can objectively assess whether you have a professional negligence claim against your accountant and advise on the legal remedies available to you.
Examples of Professional Negligence by Accountants
Professional negligence by an accountant can take many forms and includes:
- Failure to advise you about tax reliefs you were entitled to claim.
- Failing to meet a deadline, for example, the date for the filing of business accounts or for filing your tax return.
- Incorrectly valuing a company.
- Making mistakes when preparing business accounts.
- Miscalculating tax liability.
- Providing incorrect accountancy advice.
There are many other errors that can be made by accountants. However, not all errors will amount to professional negligence. For example, valuing a business is an art not a science. That means there can be a legitimate range of professional opinions on the value of a business. However, if your accountant valued your business at £1 million and you proceeded with a sale of the business based on the accountant’s valuation, you may rightly question if there was professional negligence on the part of your accountant if the business is sold on 6 months later for £100 million, without the buyer having added value to the company.
Our Professional Negligence Solicitors will look closely at your accountancy-related concerns and the evidence in support of your claim for professional negligence. We will be rigorous and objective in our handling of your professional negligence claim.
Not every professional negligence claim will end up going to Court. Litigation should be seen as the last option and avoided, if possible, through the use of the Pre-Action Protocol for Professional Negligence Claims and, where appropriate, use of Alternate Dispute Resolution (ADR) to resolve matters without the need for a contested Court hearing.
Our specialist Professional Negligence Solicitors will work hard to resolve your professional negligence claim against your accountant as quickly and as cost-effectively as possible.
Our Fees
Where possible we will offer a fixed fee, so you will know what the costs are from the start. For more complex or uncertain projects, we will provide you with an estimate of the likely fees involved and keep you updated throughout the matter.
How to get in contact
Our Professional Negligence Solicitors are on hand to provide expert advice and assist you wherever you are based. Please call us for a no-obligation, initial discussion on 01256 460830 or email [email protected].
Our offices are based in Basingstoke and we assist clients across the country.
Please call us or email and we’ll get back to you as soon as possible.
We aim to keep legal jargon to a minimum and guide you through the process in a manner that is easy to understand.
Our highly-skilled solicitors offer tailored, strategic solutions to even the most complex matters, ensuring you receive the guidance and support you need.
We will be by your side throughout every stage of the process and will provide you with regular updates and advice along the way.
We communicate thoroughly with you from the outset to ensure that we fully understand your individual needs. This allows us to accurately quote for your matter leaving you without any unexpected surprises and fees further down the line.
We provide our clients with a concise and transparent breakdown of costs from the outset of the matter and throughout any subsequent stages. This enables you to build faith and trust in us early on to form a lasting relationship.
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