We’ve made a couple of updates to our Terms of Business with immediate effect.
First, a new section 33 on Anti Money Laundering. This covers our obligation to comply with UK AML rules, and clients obligations to provide us with identification, notify changes in control of their business, and provide information on translations
Secondly, new Sections 30 i, j and k re cloud accounting.
30i Concerns security of logins that you give us
30j Concerns our reselling of systems eg Freeagent and that we are as agent/reseller not provider
30k Makes it clear that where a cloud accounting system is in use and we have logins, you must still go through year end/quarter end procedures, notably notifying us that year end/vat is ready to be processed.