DIFFERENT ANGLE by Kenneth Rijock
HM Revenue & Customs, more commonly known as HMRC, has notified Accounting Service Providers, called ASPs, that there will be a register for this class of professionals, commencing 1 April. Note that APSs already supervised by some other regulator listed in the 2007 Money Laundering Regulations must re-register and this must be accomplished by 1 October. Applications must be in by 1 July, to allow timely processing by 1 October.
Businesses that might be classified as ASPs:
- Accountants
- Auditors
- Tax Advisers
- Bookkeepers
- Payroll Agents
- Tax Consultants
Guidance can be found in:
MLR 9 Guide to Registration
http;//www.hmrc.gov.uk/mlr/mlr9.pdf
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