Anti-Money Laundering Guidance for Small Businesses
As efforts to stamp out money laundering and the financing of terrorist activity are stepped up throughout the UK, tax preparation specialist David Redfern, managing director of DSR Tax Claims Ltd, has issued his guidance to small businesses and sole traders who have business activities which may be at risk of money laundering. Redfern's well-timed guidance follows a recent HMRC crackdown on a number of estate agents across England who have been suspected of money laundering activities or failing to comply with current legislation.