Do they know that they MUST register for the new Money Laundering Regulations that took effect from 15th December 2007?
Any person undertaking bookkeeping, accountancy or payroll services on a self-employed basis, needs to be registered under the new Money Laundering Regulations with either H M Revenue and Customs, or other appointed Supervisory Body, by 1st July 2008.
Failure to register and follow the procedures can result in criminal proceedings.
Registration via the Inland Revenue will cost £95. The Institute of Agricultural Secretaries & Administrators (IAgSA) is offering applicants a package that will include access to our extensive range of information and services to keep you up to date with current legislation, together with Money Laundering registration, for no more than an additional £15.
Further details are available from IAgSA, tel 024 7669 6592 or email IAgSA@IAgSA.co.uk, www.IAgSA.co.uk
