HMRC periodically writes to agents to ask them to confirm who supervises them for anti-money laundering (AML) regulation purposes. The letter includes a questionnaire to be completed and returned to HMRC. What isn’t as clear is that the response must include a letter of confirmation from ICAEW. The required letter can be obtained by contacting amlr@icaew.com.
The impact on agents is serious; if a satisfactory response is not sent to HMRC, there is no further reminder or warning. Some months later, agent access to online HMRC services would be removed. The agent can still sign in to their agent online account, but will find that they don’t have access to services (sometimes only some services).
Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
More support on tax
ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.
Sign up for TAXwireJoin the Tax FacultyMore from the Tax Faculty
Latest news
TAXwire
Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly e-newsletter
Practical guidance
TAXline
Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.
Technical support
Webinars
Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.