The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Introductions and Time Out -> Hello!
Post Info TOPIC: Hello!
JenHen


Member

Status: Offline
Posts: 5
Date:
Hello!
Permalink  

Hello!  New here!  I've just applied for my Money Laundering Supervision with HMRC.  I have 3 businesses waiting for me to be registered to take over doing their books.  I'm familiar with 2 of them having been employed previously by them. 

I have always done accounts for small/medium businesses since leaving college and I thought during the first COVID lockdown that I would sit my IAB courses 1,2 & 3 (Passed 1 & 2 and currently studying 3) and register with the IAB after finishing Level 2 to become an associate and just keep building my learning as I go, however I have to say I've been quite disappointed with the communication with the IAB.  I'm not sure if it's just a result of 2020 and Covid as they are probably working from home.  I applied to register on the 10th December so I'm hoping it will come through soon.   

Anyhow, meantime I'm living in the North East of Scotland, walking dogs to pay the bills and bring up 3 children.  I hope this forum will be a handy place to visit for advice and feedback when the need arrises.  

J smile

 

 



__________________
Leger


Master Book-keeper

Status: Offline
Posts: 3637
Date:
Permalink  

Hi Jen

Welcome to the forum, and I wish you every success with the new venture.

Just curious, but why have you applied to HMRC for AML supervision, is that not something you can get from IAB, or is that you need to complete level 3 first?

Also I do a weekly joke thread, and I have a Scottish one planned for this week (I'm half Scottish myself) so I'm hoping you have a sense of humour smile



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.

JenHen


Member

Status: Offline
Posts: 5
Date:
Permalink  

Lol... yes- I can take a joke... even a Scottish one pretty well! Ive applied to HMRC because Im worried I wont hear back from the IAB for a while. (sorry... I got confused with ICB and IAB... it is the IAB Im trying to register with..). Communication has been pretty awful: I was sat in my exam and they hadnt sorted access out with the provider for it despite having at least 5 weeks notice. Anyhow, hoping that if I get my MLS from HMRC I can start doing some bits and pieces for these new clients. I really cant afford to pay for it twice mind you.. Thanks for the welcome. Looking forward to the jokes!

__________________
No


Member

Status: Offline
Posts: 8
Date:
Permalink  

Does that put you in breach of IAB rules? Surely if still a student you cannot practice without their permission/practice certificate. So you may need to resign/be expelled/fined?

__________________
No


Member

Status: Offline
Posts: 8
Date:
Permalink  

JenHen wrote:

 Thanks for the welcome. 

 

at least you got one



__________________
JenHen


Member

Status: Offline
Posts: 5
Date:
Permalink  

Im checking that when I get a hold of them.

__________________
Artois


Guru

Status: Offline
Posts: 1142
Date:
Permalink  

No wrote:
JenHen wrote:

 Thanks for the welcome. 

 

at least you got one

 Hi No and welcome to the forum!



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice
Artois


Guru

Status: Offline
Posts: 1142
Date:
Permalink  

 

Hi Jenna and welcome to the forum

You will also need to register with the ICO and I would strongly recommend getting Professional Indemnity Insurance.

Good luck with the new business



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice

BudgetB


Guru

Status: Offline
Posts: 675
Date:
Permalink  

Hi Jenna,

Welcome to the forum and good luck with the new business.  The IAB are a long way behind at the moment in dealing with memberships, I know that quite a few existing members are having long delays in hearing back from them. Not that this helps you at all, but just to let you know really that it is a widespread issue.



__________________

Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 
Leger


Master Book-keeper

Status: Offline
Posts: 3637
Date:
Permalink  

No wrote:
JenHen wrote:

 Thanks for the welcome. 

 

at least you got one

Welcome to the forum No.  

Looking back at your posting history, it isn't surprising that we missed welcoming you.  No intro, no identity and very brief replies.   That's your perogative and you're not obliged to do anything more, but it's a two way thing. A proper intro (as Jen did) would have got you a few welcomes I'm sure.



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
JenHen


Member

Status: Offline
Posts: 5
Date:
Permalink  

Ive got an enquiry in with NFU for insurance... who does everyone else recommend. I should really get a few quotes. I just know that NFU are very good to deal with. Will investigate the IOC.. I admit I havent thought about that. I had hoped that I would hear back from the IAB and things might have been simpler. Appreciate they may be backlogged just now. I guess Ill have to just wait and see. Thanks all for the replys. Its quite daunting going it alone.

__________________
Leger


Master Book-keeper

Status: Offline
Posts: 3637
Date:
Permalink  

I would definitely look at Hiscox.  I was paying £23 a month for pii, public liability and employers liability (1 employee), and it only went up a tenner when I took on shop premises.



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
JenHen


Member

Status: Offline
Posts: 5
Date:
Permalink  

Ive just done a quote from them actually. £17.98 per month with the option to add on my laptop etc if I need.

__________________
Artois


Guru

Status: Offline
Posts: 1142
Date:
Permalink  

 

I use AXA Insurance, £13.00 per month but that is just PII



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Introductions and Time Out -> Hello!
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  

©2007-2019 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: info@bookcert.co.uk.

Privacy & Cookie Policy  About