Report finds HMRC ‘broadly’ fulfilling AML supervision role

Tuesday 30 March 2021

HMRC has published a self-assessment of its money laundering supervisory performance, which is broadly in line with the relevant Money Laundering Regulations and OPBAS sourcebook, however stating there was room for improvement.

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Guidance for members unchanged as England moves to next stage of roadmap

Monday 29 March 2021

From Monday 29 March the UK Government will start to ease lockdown restrictions on social contact, business and activities, and travel in England. Whilst there will be no changes to safety guidance for the property sector, Propertymark is reviewing the guidance that has supported members to work safely and given the UK Government the confidence to allow agents to keep working throughout lockdown.

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Agents urged to support lone workers

Wednesday 24 March 2021

With many agents required to work alone, it is important employers put in place measures to ensure their safety. After the tragic disappearance in 1986 of estate agent, Suzy Lamplugh, the Trust, in her name, provides guidance for workers to reduce the risk of violence and aggression.

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Treasury announces tax administration reform and new proposals in first-ever ‘Tax Day’

Tuesday 23 March 2021

HM Treasury has released its ‘Tax Day command paper’ designed to allow further scrutiny on tax announcements that would normally take place during the budget.

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Next steps for leasehold reform in Wales

Wednesday 17 March 2021

The Welsh Government has published new research into the sale and use of leaseholds where the Housing Minister, Julie James MS, sets out her intentions for reforming the sector. The action plan considers other evidence from the Task and Finish Group on Leasehold Reform and recommendations made by the Law Commission.

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ICO registration mandatory for all businesses

Tuesday 16 March 2021

Any business or sole trader who processes personal information must register with the Information Commissioner’s Office (ICO) under the Data Protection Act 2018 and failure to register is a criminal offence.

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Fine underlines importance of having CMP

Monday 15 March 2021

Propertymark has received a report that a letting agent in Kensington and Chelsea has been issued a fine of £20,000 for not belonging to a Client Money Protection scheme, despite applying to join one. The case underlines the importance of having Client Money Protection (CMP), with Trading standards taking action even when an application is in progress.

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Rapid COVID-19 tests available to all businesses regardless of size

Tuesday 09 March 2021

All employers in England can now sign up for the UK Government’s free workplace testing programme. This includes businesses employing fewer than 50 people, previously required to attend community testing sites.

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Propertymark releases action plan for next Welsh Government

Monday 08 March 2021

With the Welsh elections due to take place in May, Propertymark has published its manifesto containing key asks to support the housing sector in Wales.

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Campaign leads to extended Stamp Duty holiday

Wednesday 03 March 2021

The Chancellor has listened to Propertymark’s calls to avoid a cliff-edge deadline to the Stamp Duty Land Tax holiday in the UK Government’s budget, today, 3 March 2021. The nil rate band up to £500,000 will end on 30 June, instead of March. A transitional nil rate band up to £250,000 will be in place until September and then return to £125,000 from October.

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