Disengagement

When you are no longer a client of JF Financial we will email you to officially confirm our disengagement and to confirm that we will no longer be providing accounting services to you and/or your business(es).

Below are our standard terms of disengagement.

Accountancy services: Disengagement

As discussed JF Financial is no longer providing Accounting services to you and/or your business with immediate effect.

The services we have provided to you and / or your business may have included some or all of the below as detailed in our engagement letter and / or as agreed on email, telephone or in person.

• Bookkeeping
• Payroll processing
• Preparation of VAT returns
• Accounts preparation
• Completion of personal tax returns
• Completion of business tax returns
• General accounting, taxation and business advice

Respective Responsibilities

With respect to our resignation as your accountants, our responsibilities to you will cease with immediate effect. You will be solely responsible for identifying another accountant to take on these responsibilities or to satisfy the need for the services that we provided in other ways.

Our responsibilities, on resignation as accountants include responding to the enquiry of our successor (if relevant) and disclose, with your consent, any issues or circumstances relevant to their decision to accept or decline appointment. It is also common for practitioners to combine this initial professional enquiry with a request for information and documents relevant to the engagement. We will, unless undue additional work is entailed, be pleased to respond to these enquiries at no additional fee. We will confirm your approval for this at the time of us being contacted by them.

Retention of Records

During the course of our work we may have collected information from you and other parties acting on your behalf. Some of these records and other items of documentation should be retained by you to satisfy your statutory obligations. We will be pleased to return any original documents or documents that legally belong to you on request.

We should advise you, however, that if you fail to collect such records within six months of the date of our disengagement email, we cannot be held responsible for their safekeeping and we may destroy documents and records that we hold without further notice.

Confidentiality

We should also confirm that where we retain confidential information, we shall at all times keep it confidential, except as required by law or as provided for in regulatory, ethical or other professional pronouncements applicable to our engagement.

Contracts (Rights of Third Parties) Act 1999

We would also like to remind you that a person who was not a party to our Agreement concerning the engagement will have no right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of that Agreement. This clause does not affect any right or remedy of any person, which exists or is available otherwise than pursuant to that Act.

Limitation of Liability

The advice that was provided to you during the course of our professional engagement was for your sole use and did not constitute advice to any third party to whom you might have communicated it. We accept no responsibility to third parties for any aspect of our professional services or work that has been or may be made available to them.

We will continue to provide any remaining professional services outlined in this notice with reasonable care and skill. However, we will not be responsible for any losses arising from the supply by you or others of incorrect or incomplete information, or your or others’ failure to supply any appropriate information or your failure to act on our advice or respond promptly to communications from us.

You agree to hold harmless and indemnify us against any misrepresentation (intentional or unintentional) supplied to us orally or in writing in connection with any work that we have agreed to complete.

You also agree that you will not bring any claim in connection with services provided to you by the firm against any of our Employees, Directors or Sub-Contractors on a personal basis.

Fees

With reference to our fees, unless we have told you then no further fees are owed by you to us.

Applicable Law

This notice shall be governed by, and construed in accordance with, English law. The Courts of England shall have exclusive jurisdiction in relation to any claim, dispute or difference concerning the engagement letter and any matter arising from it. Each party irrevocably waives any right it may have to object to any action being brought in those courts, to claim that the action has been brought in any inconvenient forum, or to claim that those Courts do not have jurisdiction.

This notice supersedes and takes precedence over our Letter of Engagement(s).

GDPR Privacy Notice

Your data will be held in line with our GDPR Privacy Notice which can be found here

Confirmation of our Agreement

If these terms are not in accordance with your understanding of our disengagement, please let us know as soon as possible.

If you do not raise any objections to our disengagement email within 30 days we will assume it is agreed.

Yours sincerely

JF Financial Management Limited