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AML(Anti Money Laundering) £250 charge to check client by my accountant

Answer
wicker cortex
Posted Tue, 17 Sep 2024 13:11:06 GMT by wicker cortex
AML(Anti Money Laundering) £250 charge to check client by my accountant. His accountancy company has changed from sole trader to Ltd company. He is today asking all clients to pay £250 to update our AML records. Otherwise he will cease representing us. Is this above board? is my accountant really allowed to charge every client £250 for something which is his financial responsibility as its his company causing the issue? Please help.
Answer
HMRC Admin 32 Response
Posted Mon, 23 Sep 2024 13:04:28 GMT by HMRC Admin 32 Response
Hi,
Unfortunately we cannot advise you on Anti-Money Laundering queries or accountant practices on this forum.
You can have a look at the guidance below and see if there is any information that may help you with your query.
Anti money laundering supervision: detailed information
Thank you.

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