Terms of Business

Last updated: 29 April 2026

1. About Us

Allset Go Accounting Ltd offers bookkeeping, tax administration, and business compliance support to UK businesses, helping them stay organised and meet their statutory obligations.

The firm is founded by an ACCA member with professional experience in audit and financial reporting. The firm is not regulated by ACCA.

We are supervised by HM Revenue & Customs (HMRC) for anti-money laundering (AML) purposes.

These Terms of Business set out the basis on which we provide our services. Where we refer to “we”, “us”, or “our”, we mean Allset Go Accounting Ltd.

We do not provide audit, legal, investment, or other regulated services.

Registered address: 10 York Road, London, SE1 7ND

2. Engagement & Scope of Work

The specific services we will carry out for 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 will take precedence.

We will carry out our work with reasonable care and skill and in accordance with applicable legal and regulatory requirements, including those set by HMRC.

Our services typically include support with:

  • Preparing financial records and draft annual accounts for client review and submission
  • Assisting with Corporation Tax and Self Assessment information preparation
  • Maintaining VAT records and preparing summary figures to support MTD submissions
  • Bookkeeping and management information
  • Assisting with payroll processing and preparing RTI information using client systems
  • Company formation and company secretarial support
  • General administrative and compliance support

Clients remain responsible for reviewing and submitting filings via their own HMRC and Companies House accounts unless otherwise authorised.

3. Your Responsibilities

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

You are legally responsible for ensuring that any returns, filings, or submissions made in your name are correct and complete. While we will exercise reasonable care in assisting with their preparation, responsibility for final approval remains with you.

Delays in providing information or instructions may result in missed deadlines. We are not responsible for any penalties, interest, or other consequences arising from delays caused by late or incomplete information provided by you.

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 work.

Any 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 reserve the right to retain documents and records in our possession relating to your affairs until all outstanding fees are paid in full (lien).

5. Regulatory & Compliance

We are supervised by HM Revenue & Customs (HMRC) for anti-money laundering purposes.

The firm is founded by an ACCA member; however, the firm is not regulated by ACCA.

We carry out identity verification checks in accordance with UK anti-money laundering regulations and maintain appropriate records as part of our compliance procedures.

We maintain professional indemnity insurance (PII). Details 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 acting for you, we must verify your identity and, where applicable, the identity of beneficial owners. This may require documentary evidence of identity and address.

We are legally required to report any knowledge or suspicion of money laundering to the National Crime Agency (NCA). We are prohibited from informing you if such a report is made.

7. Confidentiality

We will treat all information provided by you as confidential, unless disclosure is required by law, regulatory obligation, or authorised by you.

Our duty of confidentiality continues after the end of our engagement.

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

8. Limitation of Liability

Our liability to you for any loss arising in connection with our services shall be limited to the total fees paid by you for the relevant engagement, or the minimum level required by our professional indemnity insurance, whichever is higher.

We shall not be liable for any indirect, consequential, or special losses, including loss of profit, business, or opportunity.

We are not responsible for losses arising from information provided to us that is incomplete, inaccurate, or provided late.

Nothing in these terms excludes liability for fraud or any matter which cannot be excluded by law.

9. Conflicts of Interest

We will inform you if we become aware of any conflict of interest. Where a conflict cannot be appropriately managed, we may need to cease acting for one or more parties.

10. Termination

Either party may terminate the engagement by giving reasonable written notice.

Upon termination, all fees for work completed up to the termination date will become payable.

We reserve the right to cease acting immediately where:

  • we suspect unlawful activity
  • there is a breakdown in trust or cooperation
  • fees remain unpaid

11. Document Retention

We will retain your records and working papers for a minimum period consistent with legal and regulatory requirements (typically six years from the end of the engagement).

After this period, records may be securely destroyed without further notice.

Original documents will be returned upon request, subject to any outstanding fees.

12. Complaints

We aim to provide a clear and reliable service. If you are dissatisfied with any aspect of our work, please contact us in writing at: info@allsetgo.co.uk

We will investigate and respond as promptly as possible.

13. Governing Law

These terms are governed by 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, please contact us: