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Continuity of Practice Cover

Agreement for AAT Licensing Application

  Starting your own accounting practice? One of the key requirements from the Association of Accounting Technicians, other professional bodies, and HMRC is having a Continuity of Practice agreement in place — so your clients are protected if you're ever unable to continue providing services.
 
  At TTAM Ltd, this isn't just paperwork. When you sign a Continuity of Practice Cover Agreement with us, Tervel Mihaylov MAAT (TTAM Ltd) becomes your named Professional Nominee — committed to stepping in and managing your practice, protecting your clients, and notifying AAT and your insurer, if you die, become incapacitated, or are otherwise unable to run your business 

 Before we agree to cover you, we check that the services you provide fall within what TTAM Ltd is licensed and qualified to deliver, so there are no gaps if cover is ever needed. We'll also ask about your practice, your fee structure, and your nominated representative, so the arrangement is a genuine fit — not just a signature. 

We Offer

What We Offer

  • A Continuity of Practice Cover Agreement naming TTAM Ltd as your Professional Nominee, drafted to meet AAT's continuity of practice requirements
  • Your Continuity of Practice Letter for AAT
  • An ongoing commitment: if the agreement is ever activated, TTAM Ltd will manage your practice, protect your clients, and keep your business running

Next Steps for You

To get your agreement drafted, we'll need:

  • Confirmation of your accounting qualification and AAT membership number
  • Your correspondence address
  • Details of your nominated representative (someone who can act as primary contact if you're incapacitated)
  • Your professional indemnity insurance details

Pricing

 A one-time fee of £200 covers drafting and executing your Continuity of Practice Agreement and issuing your Continuity of Practice Letter. This is a setup fee only — it does not cover any work carried out if the agreement is ever activated. In that event, TTAM Ltd's fees are charged at standard commercial rates and paid from your business's own accounts, separately from this setup fee. 

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Tervel Mihaylov Mihaylov MAAT

📍 Bristol, United Kingdom  
🌐 www.ttam.ltd  
✉️ ttam.smarttax@gmail.com  
☎️ Landline: +44 (0)117 463 1777  
📱 Mobile: +44 (0)7887 043020 
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Other Ways to Reach Us

7 Marlwood Drive, Brentry, Bristol, BS10 6SH 

ttam.smarttax@gmail.com 

+44 (0) 117 463 1777

+44(0) 7887 04 30 20 

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