Guidance

Money laundering supervision: fees

Find out what fees you need to pay when you register for anti-money laundering supervision, and how to pay them.

Introduction

You must pay fees to HM Revenue and Customs (HMRC) when you register for anti-money laundering supervision.

These are:

  • a one off application charge
  • a registration fee for each premises
  • a fit and proper test fee (for money service businesses or trust or company service providers) for each person tested
  • an approval process fee (for accountancy service providers, estate agency businesses, or high value dealers) for each person tested

Application charge

You must pay a non-refundable application charge of £100 when you first apply to register for anti-money laundering supervision.

Premises registration fee

When you register you must pay £130 for each of the premises you include in your application.

If HMRC refuses your application to register we will refund your premises fee if:

  • you didn’t supply all the information we needed
  • someone in your business failed the fit and proper test or wasn’t approved by HMRC

The registration fee was increased by £15 per premise (from £115 to £130) on 1 December 2017.

Adding or removing premises from your registration

If you want to add new premises to your registration in the first 6 months of the year, you’ll need to pay the full fee for each premises.

If you want to add new premises to your registration in the second 6 months of the year, you’ll need to pay half of the fee for each premises.

If you need to remove a premises from your registration, HMRC won’t refund the fee for that premises.

Fit and proper test fee

If you’re a money service business or a trust or company service provider there is a non-refundable fit and proper test fee of £100 for each person tested.

Approval process fee

If you’re an accountancy service provider, estate agency business, or high value dealer the new money laundering regulations require an approval test to check key personnel for relevant criminal convictions.

This test will be implemented from 1 November 2017 and a non-refundable charge of £40 will apply for each person tested.

Fees are calculated and paid at the point of submission of new applications and when renewing your registration. However until the anti-money laundering supervision online service is updated the approval test fees will be added after submission and HMRC will contact customers to sign in and pay this.

Annual renewal fee

Towards the end of your registration year HMRC will send you an email telling you to log in to your account to renew your registration.

The renewal fee is £130 for each of the premises shown on the application at the time of renewal.

HMRC may cancel your registration if you don’t pay your annual renewal fee on time.

How to pay

You should pay your fees online when you first apply to register and when you renew. When you give details of your business, the online service will work out how much you owe and let you pay the total amount due for each type of fee.

If you’re not registered online

There are other ways to pay at renewal time or if you need to pay for an additional person to be tested.

Published 23 October 2014
Last updated 6 February 2018 + show all updates
  1. The premises registration fee has increased to £130 from 1 December 2017.
  2. Guidance updated to show that the premises registration fee and annual renewal fee will increase from £115 to £130 from 1 December 2017. Information has also been added about a £40 non-refundable charge for an approval test to be introduced from 1 November 2017.
  3. The section on the 'Approval process fee' has been amended to remove the monetary amount as the fee will be advised.
  4. This guidance has been updated to reflect legislation changes effective from 26 June 2017. Information about refunds and fees to pay if you add or remove a premises from your registration has been added.
  5. You're now able to pay your fees online when you register or renew for anti-money laundering supervision with HMRC.
  6. The Initial registration fee section has been updated.
  7. Money Laundering Regulations new fee structure and charges from 1 April 2015.
  8. First published.