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NA_AA


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If you are a member of a professional body eg aat, acca, icaew - do you still need to register with hmrc for mlr?

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Thanks, Nadia.
abacus12345


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If you are a full member, with a practice certificate, assuming the person plays by all rules - no. Else yes. MLR is not optional.

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abacus12345


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Which member body are you a part of?

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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
NA_AA


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Aat

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Thanks, Nadia.
abacus12345


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If you practice without a licence you'll need MLR cover from HMRC. I'll not go into aat rules as you'll know them already. HTH

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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
Cheshire


Master Book-keeper

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Hi Nadia
Are you a student member, MAAT MIP or somewhere in between? As Johnny says - MLR is an absolute must and if you dont have it via your relevant AAT membership (eg student member) then you must apply via HMRC (see link below to get you started icon) -failure to register means at very least - fines from HMRC, plus AAT. More serious sanctions can be imposted - Ive enclosed an article on the subject from Aweb which you may find interesting

www.gov.uk/guidance/money-laundering-regulations-accountancy-service-provider-registration

www.accountingweb.co.uk/group-thread/effect-failure-register-under-mlr-2007

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Leger


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Hi Joanne

My MLR runs out at the end of this month.  As I am now an AAT student, am I  covered under AAT?  It will be nice if I am.



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John 

 

 

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Cheshire


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Hi John
Only once you get to MIP stage I'm afraid. So I'm afraid you have to cough up your fees to HMRC direct. How are the studies going?

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Leger


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Very slowly! Due to certain circumstances I don't have as much free time as I would like at the moment.

As from next week though my Sunday evenings will be free so will start spending 5 hours cooped up in my little office.  Only just realised that with you asking, so thanks.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
abacus12345


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Where you at with your studies John?

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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
Cheshire


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Leger wrote:

Very slowly! Due to certain circumstances I don't have as much free time as I would like at the moment.

As from next week though my Sunday evenings will be free so will start spending 5 hours cooped up in my little office.  Only just realised that with you asking, so thanks.

At least its moving, albeit slowly.  Dare I ask  - what you think of that First Intuition course?  (I would say PM me, but im sure it will be all good!)

I read this without my glasses and thought you said Saturdays!!!   Was thinking - thats when you should be wining and dining Mrs Leger, you old romantic! 

I will crack the whip if you need!!   Or just keep moving the cakes further out of reach!!!

 



__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Leger


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Mrs Leger does the whining in our house lol.  On a serious note she can only eat certain foods so we don't tend to dine out unless it's a special occasion. Yeah, put the cakes out of the way - AGAIN!!  biggrin

I haven't done the FI course yet, but I've got all the materials for it, does it slot in anywhere or do I have to wait til I reach a certain point.  (I really should have asked this, I will email them on Monday)



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Cheshire


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Oh heck, as I typed wining, I just knew you would include something about whining! Lol.

If you will live almost out in the stix then you would have problems finding restaurants to suit. There are some benefits of being in a village, but not too far from the metropolis that is our second city.

Sorry I've gone a blank on which of the modules you got, although pretty sure you can just do it as and when, no need for any specific order yet.


__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
abacus12345


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I believe the AAT syllabus changes to the new version before long. Best to get stuck in now if you've all the books for the 2013 syllabus, saves paying out again.

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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
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