Professional negligence is a breach of the duty of care between professionals and their clients and more specific, a common law arrangement where the client expects a level of profession competence and standards commonly held by the reasonable professional in such field.
This can take the form of accountants and tax professionals or practitioners who fail to submit their client’s tax returns, inform their client of SARS notifications, fail to object or appeal to a SARS assessment or fail to perform the services for which they have been mandated for, and as a result the their clients have suffered severe financial damages.
The occurrence of professional negligence and suffered damages as a result thereof offers client the right to recourse for damages and financial loss suffered.
At Tax Consulting South Africa, our specialist team of tax attorneys, chartered accountants and tax practitioners are well versed in all aspects of accounting and tax and are equipped with the necessary knowledge and expertise to identify professional negligence. The specialised team allows us to assist distressed clients in rectifying their position to a point that they would have been in, had the professional negligence not occurred.
It is crucial that clients are aware that professional negligence claims are subject to prescription and therefore aggrieved client are urged to seek professional advise as soon as they suspect negligence on behalf of their professional.