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Can I Charge For Tax Advice Now?

Forums › ACCA Forums › ACCA TX Taxation Forums › Can I Charge For Tax Advice Now?

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • June 5, 2011 at 11:53 am #48936
    andyjames28
    Member
    • Topics: 8
    • Replies: 5
    • ☆

    So I know the exam is tomorrow and everyone is probably frantically cramming random pieces of tax knowledge into their brains but I have a question for you guys:

    Am I legally allowed to charge people for tax advice even though at the moment I am not a qualified professional?

    I assume that it should be fine as long as I do not portray myself as being a qualified accountant?

    Anyone have any knowledge on this matter?

    The reason I ask is that I was helping my uncle with his tax (he included depreciation in his trading income; made me laugh) and he is helping a couple of people get started in his trade and he got me another couple of people who would require some tax assistance from time to time and I would be charging these people and I was wondering if there were any legal implications for me taking these jobs on considering I am not a qualified accountant, merely a student.

    Good luck for tomorrow everyone.

    June 7, 2011 at 8:13 am #83001
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    You have to have a practice certificate and insurance
    Contact ACCA for advice

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