Our services
1. We will use appropriate software to apply iXBRL tags to items in the accounts as we consider appropriate for the purposes of submission of the accounts to HMRC.
2. We will, to the extent we consider necessary, manually amend or apply tags where the software has not applied automatic tagging or where we consider any automatic tagging to have been inappropriate.
3. We will provide you with detailed information regarding the tagging applied for your approval.
Your responsibilities
4. The Directors, on behalf of the company, are legally responsible for:
- Preparation of the corporation tax computation(s)
- Ensuring that the CTSA return (including tagging) is correct and complete;
- Filing any returns by the due date; and
- Making payment of tax on time.
Failure to do this may lead to automatic penalties, surcharges and/or interest.
The signatory to the return cannot delegate this legal responsibility to others. The signatory agrees to check that returns we have prepared for the company are complete before he/she approves and signs them.
5. To enable us to carry out our work the Directors agree:
(a) To provide us with approved accounts for the company.
(b) That all returns are to be made on the basis of full disclosure of all sources of income, charges, allowances and capital transactions;
(c) To provide full information necessary for dealing with the company’s affairs: we will rely on the information and documents being true, correct and complete and will not audit the information or those documents;
(e) To provide us with information in sufficient time for the tagging of the statutory accounts to be completed and submitted by the due date for the company’s CTSA return following the end of the tax year.
6. The work carried out within this engagement will be in respect of the company’s tax affairs. Any work to be carried out for the directors on a personal basis will be set out in a separate letter of engagement.