No Win
No Fee

Free Initial
Assessment

No
Obligation

Fixed
Fee

Available 
7 days a week

A tailored
service

Suing Your Accountant

We are the experts in Suing Your Accountant

Suing Your Accountant

What you can Expect from Us

We are serious about fighting for justice and have over 20 years experience in the legal profession. 

We pre-vet your case free of charge within 2 hours whenever possible and without obligation.

If you have a good case we quickly pass it to a senior barrister who will consider it for no win no fee. A small administrative fee is only payable when we seek a barrister's opinion. If the barrister agrees, he will take on the case on a no win no fee basis.

We can also insure you against paying your opponent's legal costs. Our Panel barristers and solicitors don't just run cases - they win cases and it is they and not you who take the risk.


Can I sue my Accountant?

In the case of an Accountant, if he has made a mistake and you have suffered a loss as a result, you may well be able to sue. A large number of functions performed by Accountants are prescribed by Statute. In assessing a Claim you may have, you may well have to have regard for statutory regulations. This might include the Companies Act(s). The duties of the Accountant will primarily depend upon the Contract between him and you. It is important to define the nature and the extent of the task.

The Accountant should have put in writing to you the nature of the instructions and what work that he was agreeing to do. There is an implied duty of confidentiality, regardless of what the Contract specifically says, and any breach of that duty resulting in loss may well be actionable. Wrong tax advice is a prolific area for claims and understandably so. The Accountant certainly owes a duty of care to you. He also owes a fiduciary duty towards you i.e. A duty of the utmost trust.

When can I sue?

You are able to sue when your advisor has made a mistake which was in breach of his duty to you, and as a result of which you have sustained a loss. In other words, even if the accountant made a mistake, but you cannot prove a loss of some sort, be it directly or indirectly financial, you have no claim to bring. If the accountant can correct the position or make good the loss, then generally it will be his duty to do so. He has to “mitigate the loss” as indeed you must do as well.

There are therefore, as with all negligence claims, three elements to your Claim. An established duty of care (which your accountant will have towards you); a breach of that duty, and lastly a loss caused by his negligence. The Accountant has a contractual liability towards you (by virtue of your contract with him) and a duty of care in negligence.

Is there a time limit for bringing a claim?

Under the Limitation Act 1980, claims brought on tort (e.g. negligence) or simple contract are barred after the expiration of six years from the date on which the cause of Action accrues. There are however many exceptions, as in the case of a person under a disability (i.e. persons of unsound mind or infants.) The Limitation Period is also extended in the case of Fraud, concealment or mistake. A Cause of Action in a contract case occurs when the breach occurs whether or not the damage occurs at that time. It can therefore be quite complex.

When a professional person omits to do something which is required by his retainer, it is not easy to identify when the breach occurred. In claims based on negligence, the cause of Action accrues when the Claimant actually suffers actionable damage. The real message is to act quickly and to respond to any potential error.

How do I bring my claim?

Under the Civil Practice Rules, in a professional negligence claim, you are obliged at the outset to send a particular form of letter before Action. This is really designed to encourage transparency and, if possible, to avoid costs. The letter sets out the details of the allegations and the details of the losses. It then gives a fairly lengthy time for the advisor to acknowledge and then respond in detail, in a set form too.

This therefore is designed to clarify the issues that exist and the details of the Claim you propose bringing. Subject to you still believing there is a Claim you wish to bring, you will then issue proceedings by way of Claim Form on the basis of “Breach of a Contract and/or breach of duty of care.” The rules for bringing the Claim, the time for doing so, the service of papers and the cost is set out in the Civil Practice Rules found at www.justice.gov.uk.

What damages can I claim?

This is another interesting but complicated area of law. Sometimes, it is easy to identify what has been lost but often it is a matter as to what the lawyers call “remoteness.” As with much law, it is a question of reasonableness and degree. The simplest measure however is to look at putting you back in the position you would have been had the negligence not have occurred.

You don’t make a profit as such, but you are properly restored to the position you anticipated when you instructed the advisor in the first instance. It often is called the “opportunity cost.” This means that due to your advisor’s mistake, you have lost an opportunity and you need to put a financial value on that opportunity. It can, in truth, be a minefield.

Go back Share

Get in touch

Submit your case and lets see how we can fight for you.