Hello Forum Members,
Currently on HSMP and will be extending under Tier 1 (General). Registered myself with HMRC under self-employed as a Sole-Trader. I have few doubts as mentioned below, can someone please share their knowledge and advice please.
(1) I understand that either a managing agent or accountant prepares the accounting statements and issues the letter.
I'm unsure whether the accountant whom I appoint is to be qualified as ACA only? Or can she/he be even an ACCA?
(2) Once the accounts are prepared, should they then be get audited?
(3) What is "Invoice explanations or payment summaries" as mentioned by HO under the supporting document to proof the earnings?
Looking forward to hear from you as soon as you can. Many thanks.
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