@helen0904 - the link that David put up is one I posted a few weeks ago - having had the same letter & phone call from HMRC AML Compliance Team. I am Ltd also & it's just me. I also am not registered with a prof body - I wonder if that's coincidence or a pattern?
However, following the 90 minute call - during which I was honest about what I do, don't do, laboured the point that I am a bookkeeper, I do not advise & all my clients have accountants who presumably have done all the AML checking & also check my work - I got a several page missive which was effectively a transcript of the conversation except the chap obviously wasn't too careful about his editing when he overtyped a previous copy as often my initials had changed & I was him not her!
I had no written procedures at all but what I do effectively constitutes some kind of risk assessment - now I have to write them up. I don't do ID checks but now have to start.
I was asked to confirm that it was a true reflection of the conversation so he could then send me the outcome - which could be a slap on the wrist, a notice to improve or a fine of £1500!
I admit that I haven't confirmed or replied yet- life & business has just got in the way - I intend to at some point but I have heard nothing more, not been chased to reply, nothing. Seems they have ticked their boxes & forgotten?
So, my advice, for what it's worth - I wanted to get snotty - 'I'm not the problem, go find someone who is!' but I resisted!, accept its a few hours of your time that you will never get back & agree to do what they want (within reason obviously) and don't worry about it.
All assuming, of course, that your client are not dodgy overseas 'businessmen' who have oodles of cash transactions & no paperwork & are not related to the Queen!
Hope that helps.
Oddly I now cannot see my original post about an HP elitebook from an amazon seller which was half the price of the same with HP direct. But, it has arrived, is genuine, is new & is fine. I couldn't be more pleased. Moreover it weighs about 1/4 of the old Elitebook I have but the feel is still solid & the aluminium finish is good. SO, if you can find it on Amazon, it might be worth a look?
I just had the same dilemma. I love my HP hardware & usually buy direct from them & add on their onsite next business day care pack.
I have two pc towers, now 6 years old, recently upgraded to SSD & still going strong.
I also have an old Elitebook, several years old - recently upgraded that to SSD too & its ok but I need another rather than replacement. The main plus of Elitebooks is the build quality - it's simply top end - military grade. So £1K+ for a new ElLitebook on HP direct was a bit steep but I found the same spec by a UK business seller on Amazon at £595 - new, with warranty. I was suspicious. Phoned HP & they say I can add on a carepack even though I didn't buy it from them. Waiting delivery today - so will be able to advise whether is legit or not! Fingers crossed! Bargain!
Otherwise, ProBooks have the same spec as Elitebooks but not so good outer. Spectre - whilst beautiful thing - is not business spec.
Would agree with second & / or LARGE screen - a must.
Good luck - always a nightmare choosing new tech!
Thank you all so much - this made me smile & feel better at the end of a frustrating & difficult week when I was beginning to wonder if it was all worthwhile. If we can find humour in it, it's worth hanging on a bit longer! Thank you all - have a fabulous weekend!
Thank you to all those who took time & trouble to reply although I was actually after a way to verify the authenticity of the contact rather than advise on registration & compliance. Note to self - be clearer & more concise next time.
The call was 90 mins long. The chap was thorough & positive though firm on my obligations. Upshot - I do actually do risk assessments, but I need to record them in writing. I do have some procedures but again I need to record & write & update as necessary not just keep them in my head.
Panic over, a little work to do, it could have been worse.
Again, thank you.
Thank you to everyone who took the time & trouble to reply. However, my question was about how to verify the contact was genuine rather than about registration & compliance. I had put the background in as context - next time I will be more concise!
The telephone call took 90 mins. The chap was thorough & positive, listened to my circumstances & didn't just quote the rules. The upshot is that I am very low risk as are my clients as I am picky about who I take on in the first place. I just have to record it all & review regularly & have everything in writing instead of my head.
Now, he sends me a letter of all the notes he made. I have to agree its a true version of what we said. THEN they send me an outcome which may be advisory or a warning or a penalty. I think I'll get the middle one. Then I'll have 3 months to prove I've complied as discussed. Panic over, a little work to do, could be worse.
Thank you David, I'll take a look - bedtime reading!
I'm not disputing that the requirement to be registered does apply. I am more worried that they are asking for copies of my risk assessments & policies, procedures & control documents (they're not written down, it's only me, they're in my head!) & appear to want me to have a detailed knowledge of the entire 193 pages of legislation they have sent me links to. Also, a list of my clients. IF I had time to read 193 pages & IF I understood it all, I'm worried that actually doing the compliance will take me more time than actually doing the work & therefore it wouldn't be viable to continue. But initially I just want to check whether it's a genuine contact or some elaborate scam or a joke (I'm hoping one of the latter two to be honest!).
have you looked at Paperless - I've had demos & it looks excellent if it does half of what it's supposed to accurately & properly. I'm itching for a client big enough to justify the cost to try it out.
AutoEntry is a click & upload for the business owner/employee & integrates with quite a few accounting software programs. I use it with Sage Cloud Accounting - it's fine. They were also helpful when I struggled with some set up & then usage issues (I'm a bit tech-non-savvy). But credits expire after 90 days so don't buy too many unless you know you will use them.