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Is your accountant or bookkeeper trading illegally?

29th April 2009Is your accountant or bookkeeper trading illegally?

The money laundering regulations require certain types of business such as accountants, bookkeepers, payroll agents and tax consultants to register with HM Revenue & Customs if their activities are not supervised by a designated professional body. The deadline has now passed and business which have not registered are trading illegally and may be subject to penalties and criminal prosecution. For more guidance click here.

a little tax tip

Remember that dividends are paid after allowing for Corporation Tax. More ...

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