Terms of Service

Terms of Service
Ashton Knight Ltd
Effective Date: 1st August 2024

1. Introduction

Welcome to Ashton Knight Ltd. By using our website and services, you agree to comply with and be bound by these Terms of Service. These terms outline the legal relationship between you (the client) and Ashton Knight Ltd regarding our professional services. Please review them carefully. If you have any questions, contact us at Info@ashtonknight.net.
This engagement is governed by English law. Any claims, disputes, or differences arising from these terms shall be subject to the exclusive jurisdiction of the courts of England. Each party irrevocably waives any right to object to proceedings being brought in these courts or to claim that they have been brought in an inappropriate forum.

2. Services We Provide

Ashton Knight Ltd provides professional accounting and taxation services, including but not limited to:

  • Accounts Preparation: We prepare annual financial statements in accordance with relevant Accounting Standards based on the records and information provided by you. This does not constitute an audit, and we do not express an opinion on financial statements.
  • Taxation Services: We handle routine taxation matters, including Self-Assessment and Corporation Tax returns, VAT returns, and Payroll reporting. We also act as your agent with HMRC, dealing with correspondence on your behalf.
  • Compliance and Advisory: We provide guidance on bookkeeping, accountancy practices, and statutory obligations to help you maintain accurate financial records.

3. Your Responsibilities

To ensure the effective provision of our services, you agree to:

  • Supply all necessary and accurate financial information in a timely manner.
  • Maintain proper accounting records and internal controls.
  • Retain financial records for at least six years after the relevant tax year.
  • Follow our advice regarding financial and tax compliance.
  • Notify us of any HMRC correspondence immediately.
  • Use a business bank account for all self-employed or limited company transactions.
Failure to comply with these responsibilities may result in additional fees or an inability to provide our services effectively. Late or incomplete submissions to HMRC may result in penalties and interest, for which we are not liable.

4. Non-Compliance and Termination

If you fail to provide necessary records or comply with our advice, we may charge additional fees or withdraw our services. If at any time we determine that financial statements or tax submissions are misleading and cannot be rectified, we reserve the right to terminate our engagement.

5. Confidentiality and Data Protection

We take your privacy seriously. Any personal or business information you provide to us will be handled in accordance with our Privacy Statement. By using our services, you consent to the collection and use of your data as outlined in our Privacy Policy. For details on how we manage and protect your data, please review our Privacy Statement on our website.

6. Personnel and Communication

  • All work is carried out by employees of Ashton Knight Ltd.
  • You will be assigned a relationship manager as your main point of contact.
  • Communications regarding your financial affairs should be directed to your designated contact person.

7. Complaints and Queries

If you have any concerns or complaints regarding our services, please contact Nisheet Patel at nish@ashtonknight.net. We take complaints seriously and will work to resolve any issues promptly.

8. Record Retention

  • Original documents will be returned to you after work is completed.
  • We retain certain records for up to seven years before they are securely destroyed, unless you request otherwise in writing.
  • Our files are subject to periodic quality reviews, conducted by independent reviewers who are bound by confidentiality rules.

9. Changes to These Terms

We reserve the right to update these Terms of Service at any time. Changes will be posted on our website and will take effect from the stated effective date. Your continued use of our services constitutes acceptance of any modifications.

For further information, please contact us at Info@ashtonknight.net