Standard Terms of Business | Accountants, Tax and Business Advisers in Cumbria and Carlisle

Download our standard terms of business and other appendices referenced in your engagement letter – effective 5^th June 2025:

Appendix no:	Title
1.01	Standard Terms of Business

2.01	Limited Company – Audit
2.03a	Charitable Company – Audit
2.03b	Scottish Charitable Company – Audit
2.04	Small Charitable Company – Audit
2.05	Non-Company Charity – Audit
2.09	Co-operative or Community Benefit Society – Audit
2.10	Housing Association – Audit

3.01	Assurance Review – Limited Company
3.02a	Charitable Company – Independent Examination
3.02b	Scottish Charitable Company – Independent Examination
3.03	Non-Company Charity – Independent Examination (Accruals Accounts)
3.04	Non-Company Charity – Independent Examination (Receipts & Payments)
3.05	Friendly Society – Reporting Accountants Report
3.06	Co-operative & Community Benefit Society – Reporting Accountants Report

4.06	Small Non-Company Charity (under £25k income)
4.07	Friendly Society – Accountants Report
4.08	Co-operative or Community Benefit Society – Accountants Report

5.01	Production of Annual Financial Statements
5.02	Cash Flows & Profit Forecasts
5.03	Management Accounts
5.04	Bookkeeping Services
5.05	Cloud-Based Accounting Services

6.01	Corporation Tax
6.04	Self-Assessment (Partnerships & LLPs)
6.05	Benefits in Kind (P11D) Returns
6.06	Subcontractors CIS – Client Operated & Submission By Firm
6.07	Subcontractors CIS – Firm Operated
6.08	VAT
6.09	Personal Tax (Individuals & Sole Traders)
6.10	Personal Tax Credits
6.11	Trust Tax

7.01	Payroll
7.02	Company Secretarial Services
7.03	Secretarial Services – Charity

8.01	FCA Regulated Entity
8.02	Estate Agents
8.03a	Solicitors Accounts Rules
8.05	Insurance Brokers – Reports under CASS 5
8.07	Service Charge Accounts – Section 21 Report
8.09	Share Valuations
8.10	Assisting with Acquisition of Company
8.11	Assisting with Disposal of Company

9.04	Disengagement Letter
9.08	Cash Basis Annual Accounts
9.09	Strategic Business Advice
9.10	Reporting to ABTA Limited

Latest from our Blog

29 Jul
2026

Tax cuts on pubs: Burnham backing British businesses

Recent headlines have made it no secret that owning a pub, club or music venue is hard. With rising costs, it has been estimated …

28 Jul
2026

Quiet commutes, distracted workers or more revenue – What do the school summer holidays mean for your business?

Even if you do not have children, you will be aware that the schools have broken up for the summer holidays.

24 Jul
2026

How to chase late-paying customers without losing them

Late-paying customers are one of the biggest causes of cash flow problems for SMEs.

22 Jul
2026

The top tax-saving opportunities that are often missed by SMEs

Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.

21 Jul
2026

Traumatic or trustworthy – Is HMRC doing enough to support taxpayers?

…

15 Jul
2026

The financial benefits of hiring Gen Z

15 July marks World Youth Skills Day, which is a day to celebrate the importance of equipping young people with the skills they …

15 Jul
2026

Retirement planning for beginners – Do you know where to start?

If there’s one thing that the majority of the working population can agree on, it’s that we can’t wait for retirement. We …

14 Jul
2026

Traumatic or trustworthy – Is HMRC doing enough to support taxpayers?

…

9 Jul
2026

How could a new Prime Minister impact SMEs in the UK?

With Keir Starmer announcing his resignation as Prime Minister, there has been much speculation about what this means for the …

8 Jul
2026

HMRC launches consultation for mandatory Direct Debit VAT and PAYE payments

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities …