ICAEW member wins subs court battle
Mike Pallot wins claim against the ICAEW for overpaid subscription fees
Mike Pallot wins claim against the ICAEW for overpaid subscription fees
AN ICAEW member has been awarded £1,500 against the institute in a small claims court for overpaid subscriptions.
Mike Pallot, a former PwC senior partner at the firm’s Plymouth office, successfully argued that the ICAEW’s subscription notices failed to make it clear that he was due a reduced subscription due to his retirement.
Pallot spent more than a year arguing with the ICAEW to repay half his subscription fee between 2006 and 2009.
Plymouth County Court ordered the institute to pay Pallot £1,457.20. The payment could open up the institute to more claims.
“The ICAEW certainly seems to have gone to great lengths not to set a precedent by refunding me the amounts I paid as a result of what I see as a clear lack of transparency on its part, although I am at a loss to understand why it didn’t seek to settle my claim in a sensible way before the matter reached court,” Pallot said in a letter to Accountancy Age.
An ICAEW spokeswoman said: “It’s unfortunate, and we’re disappointed it wasn’t resolved differently. As a result of this case, we will be reviewing our procedures on the issue of claiming back fees.”
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