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Hi,
I have a client that I pay for the Xero subscription for. I am only engaged with them to provide help with end-of-year for payroll and the P11D preparation and submission. I provide them with the Xero subscription essentially at cost to gain those lucrative Xero partner points but they do all the bookkeeping and monthly pay runs themselves. Unfortunately, the client has become insolvent (probably). They're doing the right thing and reaching out to an insolvency practioner. Does anyone know what I should expect to happen next?
I don't believe the client has done anything wrong, or at least I've not seen evidence of this, so I don't want to just abandon them and disengage and I'm prepared to lose a month or two's Xero subscription if necessary, just want to know what else I might expect and how these things progress.
Thanks,
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