This agreement governs the use of the Business Tax Centre website, including all associated and incidental services provided by Business Tax Centre resulting from the use of this website.
Business Tax Centre reserves the right, at its discretion, to change or modify all or any part of this Agreement at any time, effective immediately upon notice published on the website. Your use of the Business Tax Centre website constitutes your binding acceptance of these terms and conditions, including any changes or modifications made by Business Tax Centre as permitted above.
Money Laundering Regulations - Policy & Procedures
As a trust and company service provider, which is a regulated activity, Business Tax Centre always adheres to rules & regulations. To aid compliance with the Money Laundering Regulations 2017 Business Tax Centre Limited has a company policy encompassing good ethical business practices in line with the Regulations.
All in the regulated sector must comply with onerous duties imposed by the Proceeds of Crime Act, the Terrorism Act and the Money Laundering Regulations (the “Anti Money Laundering Legislation”), which are intended to inhibit the activities of terrorists and other criminals by denying them access to technical expertise. If we fail to perform these duties, we risk imprisonment.
Before we accept your instructions, this includes a one-off instruction for a company formation, we may need to obtain ‘satisfactory evidence’ to verify your identity and those who may be beneficial owners. In certain circumstances, we may need to obtain evidence confirming the identities of third parties, the source of any funds or other property, the purpose of any instructions or any other matter. If you another regulated firm we will require details of your supervisory arrangements. We may also need to obtain such evidence after we have begun to act on your instructions. We may use electronic verification methods for this purpose. Failure to be verified may lead us to cease our relationship and not carry out transactions on your behalf.
For UK customers we normally verify the identities required by electronic means, where this is not possible or the owners and beneficial owners reside outside of the UK we would require certification of identity, for example a passport and further evidence of your residential address, for example a bank statement. We may ask for high-definition scans of the identity documents for which we will use optical recognition software (OCR) to certify the authenticity of the document. We may also require biometric evidence using facial recognition software.
We assume that our clients are honest and law abiding. However, if at any time, there appear to be grounds to suspect (even if we do not actually suspect) that your instructions relate to ‘criminal property’, we are obliged to make a report to the National Crime Agency (NCA), but we are prohibited from telling you that we have done so.
In such circumstances, we must not act on your instructions without consent from the NCA. If the NCA does not refuse consent within 7 working days, we may continue to act. If the NCA issue a refusal within that time, we must not act for a further 31 days from the date of the refusal.
‘Criminal property’ is property in any legal form, whether money, real property, rights or any benefit derived from criminal activity. It does not matter who carried out the criminal activity or how removed the property is from the original crime. Even if you are honest in your dealings, if your property represents a benefit from someone else’s crime, we must still make a report.
Activity is considered ‘criminal’ if it is a crime under UK law, no matter how trivial, and whether carried out in the UK or abroad. For example, tax evasion is a criminal offence but an honest mistake is not.
AML Information Guides & Templates
You may not publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in this Agreement.
You may download or copy the information and advice contained on the site for your own personal use only, provided that you maintain all copyright and other notices contained in such Content.
In no event shall Business Tax Centre will be liable for any indirect, incidental, special or consequential damages arising out of or in any way connected with the use of the documents, this web site or the support service whether based in contract, tort, strict liability or otherwise. The liability of Business Tax Centre for direct loss arising out of the use of the documents, this web site, and the support service whether based in contract, tort, and strict liability or otherwise is limited to the total value of the transactions under which the claim arises for any one event or series of connected events.
Every endeavor will be taken to ensure that the service is updated regularly to ensure its accuracy. It is our belief that our service provides clients with the necessary documents and information to complete their Company Formation.
Please allow up to 14 working days for delivery of our publications if they are in paper format.
AML Credit, Information and Verification Reports
The information and materials made available to you are provided solely for your own use and you will not, without our written permission, transfer or sell or attempt to transfer or sell your access to or use of the information and materials. Regard must be made to confidentiality of information under the Data Protection Act. You may import the information into your own systems in an XML or any other format using your own software for the purpose.
You also agree not to use the information and materials fraudulently, in connection with or for the purposes of a criminal offence, or otherwise unlawfully.
These terms and conditions do not affect your statutory rights.
Up to a limit Business Tax Centre will provide technical support via email or telephone to help you through the process of submitting your Company Formation details and downloading your products. We will also provide assistance with general queries regarding Company Formation details; however we are not legal or financial advisers and are not authorised to provide legal or financial advice.
Clients purchasing the Business Tax Centre package online will not be eligible to cancel their order as transactions where the computer software is unsealed by the computer immediately on purchase is exempt under the Consumer Protection (Distance Selling) Regulations 2000.
Any use of our service requires the client to utilise our automated software (where the computer software is ‘unsealed’ by the computer immediately on purchase). All transactions of this type are exempt under the Consumer Protection (Distance Selling) Regulations 2000.
When we are supplying consumers (i.e. individuals buying for themselves rather than for a business purpose) the shopper has the right to cancel within seven days of the contract, or seven days of receipt of the goods (whichever is the longer). If the shopper does cancel their order, they will have their payment returned and we will detail the procedures the customer must follow to return their goods or services.
We have always prided ourselves in providing a full customer care service and it is our intention to deal promptly with all complaints that may arise in relation to the service that we provide within 14 days of receipt of the complaint. Normally, replies to any complaint would be made by E-mail or, if required, we can ensure that we can provide a telephone facility to discuss matters of a more complex nature. If a complaint cannot be dealt and resolved with locally then that complaint may be escalated to AAT by the customer. We are covered for Professional Indemnity Insurance through Trafalgar Insurance and that policy is available when asked for.
Provision of Services Regulations 2009: Professional Indemnity Insurer contact details: Trafalgar Risk Management, 51 Eastcheap, London, EC3M 1JP, Tel: 0333 800 0000, Fax: 0333 800 0001. Territorial Coverage: Worldwide excluding USA & Can
Partner Programme Business Essential Services
We do not offer any cash back for these services as it does not matter if your application is successful or not as we do not receive commissions based on the result of your application for any of the services. We may however receive some small advertising revenue from your chosen relevant business partner ranging from a few pence to a few pounds for you selecting their advertisement. By agreeing to these terms and conditions you are granting prior consent for us to retain any potential future revenue.
Limitations of Use
You may not use the website or the documents for any other purpose except for your own personal or company use.
As a condition of your use of this web site, you warrant to us that you will not use this web site for any purpose that is unlawful or prohibited by these terms, conditions, and notices.