July Newsletter | 2025

Welcome to your July roundup! This month we’re highlighting the important of identity verification, plus sharing the latest Making Tax Digital update. Let’s dive in.

Biometric ID Checks

As part of our AML obligations, all clients are required to complete biometric ID verification. If you received a link and haven’t completed your check, please do so immediately to avoid service disruption.

🔍 What Is Biometric ID Verification?

Biometric ID verification uses facial recognition technology to match a real-time selfie with a government-issued ID. It confirms that the person is physically present and that the identity is genuine—no impersonation, no spoofing.

  • Receive a secure link via email or SMS

  • Upload a photo of your D (passport, driving licence, etc.)

  • Take a live selfie using your phone or webcam

  • The system compares facial features and checks for “liveness” to prevent fraud

This process typically takes less than five minutes and can be completed from anywhere.

🛡️ Why It’s Legally Required

Under UK Anti-Money Laundering (AML) regulations, businesses must perform Customer Due Diligence (CDD) to verify the identity of clients. Biometric checks are now considered a gold standard because they:

  • Meet HMRC’s Digital ID Standard for AML checks

  • Reduce reliance on manual document handling

  • Provide a clear audit trail for regulators

  • Help prevent financial crime and identity theft

Failure to comply can result in fines, reputational damage, or even criminal liability.

📌Benefits for Clients and Businesses

  • Convenience: No need to visit an office or send documents by post

  • Speed: Instant verification with minimal effort

  • Security: Data is encrypted and deleted after verification

  • Compliance: Automatically meets AML and KYC standards

HMRC Transformation Roadmap: What’s Changing?

HMRC has unveiled its ambitious digital roadmap to become a “digital-first” tax authority by 2030. Here’s what’s coming:

  • A new online PAYE service for 35 million taxpayers

  • Expanded use of AI-powered tools for compliance and customer support

  • No plans to introduce Making Tax Digital for Corporation Tax

  • MTD for Income Tax will roll out in stages from April 2026

This shift aims to simplify tax processes, reduce fraud, and improve customer experience.

📅 Key Dates for Your Diary

31 July Self Assessment Payment on account due

1 August Corporation Tax due (Oct 2024 year-end)

19 August PAYE & NIC payment deadline

💬 Final Thoughts

July is a pivotal month for staying compliant and embracing digital change. Whether it’s meeting your tax obligations or upgrading your bookkeeping systems, we’re here to support you every step of the way. Need help navigating any of these updates? Just reach out—we’re only a message away.

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