Terms of Business

Last updated: 19 April 2026

1. About Us

Allset Go Accounting Ltd is a professional accounting practice regulated by the Association of Chartered Certified Accountants (ACCA). These Terms of Business set out the basis on which we provide accounting, bookkeeping, tax, and related professional services to our clients.

Our registered address is 10 York Road, London, SE1 7ND. Where we refer to “we”, “us”, or “our”, we mean Allset Go Accounting Ltd.

2. Engagement & Scope of Work

The specific services we provide to you will be set out in a separate engagement letter or proposal. These Terms of Business apply alongside that engagement letter. In the event of any conflict, the engagement letter takes precedence.

We will carry out our work in accordance with the applicable professional standards issued by ACCA and, where relevant, by HMRC and other regulatory bodies. Our services may include but are not limited to:

  • Annual accounts preparation and filing with Companies House
  • Corporation Tax and Self Assessment tax returns
  • VAT returns and Making Tax Digital (MTD) compliance
  • Bookkeeping and management accounts
  • Payroll, RTI submissions, and auto-enrolment
  • Company formation and secretarial services
  • Strategic tax planning and advisory

3. Your Responsibilities

You are responsible for providing us with complete, accurate, and timely information and records needed to carry out our work. This includes maintaining proper accounting records as required by law.

You are legally responsible for ensuring that tax returns and other filings submitted on your behalf are correct and complete. While we will use reasonable care in preparing these documents, the final responsibility for their accuracy remains with you.

Late provision of information may result in missed filing deadlines. We cannot accept liability for penalties or interest arising from late submissions caused by late provision of information or instructions.

4. Fees & Payment

Our fees will be set out in the engagement letter or agreed in advance. Fees may be charged on a fixed-fee, subscription, or time-cost basis depending on the nature of the engagement. Any additional work outside the agreed scope will be discussed and agreed with you before being undertaken.

Invoices are payable within 14 days of the invoice date unless otherwise agreed. We reserve the right to charge interest on overdue amounts at 4% above the Bank of England base rate in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

We exercise a lien over all documents and records in our possession relating to your affairs until all outstanding fees are paid in full.

5. Professional Standards & Regulatory Obligations

As an ACCA-regulated practice, we are bound by the ACCA Rulebook, including the Code of Ethics and Conduct, and the Global Practising Regulations. We are subject to practice monitoring by ACCA.

We maintain professional indemnity insurance (PII) as required by ACCA. Details of our PII cover are available on request.

6. Anti-Money Laundering (AML)

We are required to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended) and the Proceeds of Crime Act 2002.

Before we can act for you, we are required to verify your identity and, where applicable, the identity of beneficial owners. We may need to obtain documentary evidence of identity and address. We are obliged to report to the National Crime Agency (NCA) any knowledge or suspicion of money laundering, and we are prohibited from informing you that such a report has been made (“tipping off”).

7. Confidentiality

We will treat all information received from you as confidential unless we are required or authorised to disclose it by law, by regulatory obligation, or with your consent. Our duty of confidentiality continues after our engagement ends.

In certain circumstances, we may be obliged to disclose information to HMRC, Companies House, the NCA, ACCA, or other regulatory authorities without your consent or knowledge.

8. Limitation of Liability

Our liability to you for any loss arising out of or in connection with our services shall be limited to the fees paid by you for the specific piece of work giving rise to the claim, or the minimum amount required by our professional indemnity insurance, whichever is greater.

We shall not be liable for any indirect, consequential, or special losses, or for losses arising from information provided to us which is incomplete, inaccurate, or provided late. Nothing in these terms excludes liability for fraud or for any matter which it would be illegal to limit or exclude.

9. Conflicts of Interest

We will inform you if we become aware of any conflict of interest in our work for you. Where a conflict arises that cannot be managed, we may need to cease acting for one or more of the parties involved.

10. Termination

Either party may terminate the engagement by giving reasonable written notice. Upon termination, you are responsible for payment of all fees for work completed to the date of termination.

We reserve the right to cease acting immediately if we have reason to believe we are being asked to act unlawfully, if there is a breakdown of mutual trust, or if outstanding fees remain unpaid.

11. Document Retention

We will retain your files and working papers for a minimum period in line with professional and regulatory requirements (typically six years from the end of the engagement, or longer where required by law). After this period, files may be securely destroyed without further notice.

Original documents provided to us will be returned to you upon request, subject to our lien over documents for unpaid fees.

12. Complaints

We are committed to providing a high-quality service. If you are unhappy with any aspect of our work, please raise your concerns with us in writing at info@allsetgo.co.uk so that we can try to resolve the matter. If we are unable to resolve your complaint, you may refer it to ACCA.

13. Governing Law

These terms are governed by and construed in accordance with the laws of England and Wales. Any disputes shall be subject to the exclusive jurisdiction of the courts of England and Wales.

14. Contact

If you have any questions about these terms, please get in touch: