Both businesses and individuals rely on accountants to provide accurate advice and, where applicable, manage their tax affairs. If your accountant has made a mistake, causing you to suffer financial loss, there could be grounds for a professional negligence claim.
When can I sue an accountant?
Sometimes when we use a professional such as an accountant, we receive an inadequate service. For example, it might be that an accountant is poor at communicating with you. This, however, is not the same as professional negligence.
For an accountant to be considered negligent, the service provided must fall below the standards and professionalism expected of an accountant. You must also have suffered some kind of damages as a result, such as financial losses.
Accountants offer a variety of services, and because of this, there are many ways in which an accountant might be considered negligence. Some common examples include –
- Providing incorrect advice
- Failing to submit a return within the deadline
- Failing to detect fraud
- Completing a tax return inaccurately
- Completing an audit incorrectly
- Mistakes while book-keeping
How do I know if I can make a claim?
It can be confusing to know when you can and cannot make a professional negligence claim against an accountant. That is why it is best to speak to a legal expert about your situation. A Solicitors Near Me solicitor can tell you whether you have been the victim of professional negligence, and whether or not you can claim compensation.
How much compensation will I get?
When an accountant makes a mistake, it usually leads to some kind of financial penalty or loss for the client. If this has happened to you, a professional negligence claim allows you to recover the losses you have incurred because of your accountant’s actions (or inaction, as the case may be).
Professional negligence claims also enable you to obtain compensation for other kinds of damages, including your mental distress, your loss of income and the loss of opportunity, amongst other things.
How much will it cost?
At Solicitors Near Me, we connect you with specialist professional negligence solicitors in your area. We offer this service to you completely free of charge. We know how difficult it can be to find the right legal advice and we want to help you.
During an initial consultation, the solicitor we recommend can advise what your options are. If you do have grounds to sue your accountant for professional negligence, your solicitor can explain the various funding options available, suggesting the best approach in your particular circumstances.
There is no obligation to proceed with a professional negligence claim, or to use the solicitor we recommend. The ball is entirely in your court.
When should I get legal advice?
Now! Professional negligence claims are subject to time limits. If you miss the deadline, you will not be able to make a claim, even if you have a strong case. This means early legal advice is vital.