Most professional negligence claims against accountants fall into two categories:
- Negligent tax advice
- Negligent audits
As with all professional negligence claims, in order to recover damages you will have to establish that you were owed a duty of care by the allegedly negligent professional, that duty was breached and as a result, you have suffered financial loss for which the law permits recovery.
To succeed against an accountant you will normally require a report from an expert accountant in support of your claim. As to whether the accountant was, in fact, negligent will judged by the standards of a reasonable accountant undertaking similar work.
You should also bear in mind the issue of limitation and normally, this will be 6 years for the date of the negligent act although the law is complicated in this area and we will advise you fully when you contact us.
To find out what you need to prove to get compensation Click Here
