Getting paid on time!
Tips to ensure your invoices are paid on time. Getting invoices paid on time is always crucial for your business, but never more so than now! Having regular incoming payments
The anti-money laundering supervision fees are changing from 1 May 2019.
HMRC is introducing significant enhancements to its supervision and taking a more robust approach to tackling non-compliance with the Money Laundering Regulations. Key improvements include:
These enhancements come at a cost. HMRC’s anti-money laundering supervision fees are changing from 1 May 2019:
All customers will pay the £300 premises fee when they renew. However, if their turnover is less than £5,000 they can apply for a reduction. Information on how to do this is on GOV.UK.
HMRC published a discussion document last year which invited comments on the fee structure. The summary of responses to this has been published on GOV.UK.
(CIPP)