Useful Resources

If you trade in an industry which is regulated by HMRC then you will be aware of the many, ever changing notices which apply to your business. We have put together some useful resources to help keep you up to date.

Excise Notice 2002: Alcohol Wholesaler Registration Scheme

This notice is about the AWRS which is a requirement for anyone who sells, offers or exposes for sale or arranges to sell alcohol to other businesses on or after the point at which Excise Duty is payable, to be approved by HMRC.

Excise Notice 196: Excise Goods

This notice is for warehousing of excise goods held in duty-suspension within the UK.

It explains the obligations under law, of an authorised warehouse keeper, registered owner, duty representative or registered consignor.

VAT Notice 726: Joint & Several Liability For Unpaid VAT

This notice explains how you could be made jointly and severally liable for the unpaid VAT of another VAT-registered business when you buy or sell specified goods.

Money Laundering Regulations 2007

With Brexit now confirmed the Money Laundering Regulations 2007 will soon change with the fourth anti-money laundering directive to be put in place.

These regulations have always been very heavily enforced, however once new amendments to this regulation have been made we foresee even harsher penalties being applied with stricter obligations on businesses.

Money Laundering Regulations 2017

The consultation on the Fourth Money Laundering Directive has now closed, however the following link will provide you with further information on the intended amendments to the Money Laundering Regulations 2007.

Unsure if you are trading legally, want to find out if you are affected or need guidance, support or more information then get in touch today!

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