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Terms of Business

Last updated: June 2025

Engagement

These terms apply to all services provided by Accounting Solution Sussex Ltd. Our engagement letter sets out the specific services agreed and the fees payable. Engagements are suspended if payment is not received within 14 days of invoice.

Fees and Payment

Fees are as agreed in your engagement letter. Payment is by standing order (not direct debit) unless otherwise agreed. Interest is charged at 8% per annum under the Late Payment of Commercial Debts Act 1998 on overdue amounts.

Personal Guarantee

Directors of limited company clients are required to provide a personal guarantee for fees owed by the company.

Payroll

Payroll information must be provided at least 10 days before month end. We do not chase for this information — it is the client's responsibility to provide it on time.

Records

We retain records for six years (or for the duration of an ongoing engagement). Client documents are returned or destroyed within one month of termination.

Termination

Either party may terminate the engagement on reasonable written notice. All outstanding fees become immediately payable on termination.