- August 1, 2025
- Posted by: FCS Compliance
- Category: News, Property Market
HM Revenue & Customs (HMRC) has announced proposed changes to the fees it charges for anti-money laundering (AML) supervision — a move that could raise the cost of compliance for UK estate agents and other property professionals.
These proposals are currently under consultation and represent HMRC’s intention to ensure that the costs of supervision are met by regulated businesses rather than taxpayers. Property firms are encouraged to review the proposed changes and respond to the consultation before the 29 August 2025 deadline.
Key Proposed AML Supervision Fee Changes (2025)
If implemented, the proposals would introduce the following increases:
- Premises fee: rising from £300 to £400 per premises (annual fee)
- Application fee: a one-off £400 charge
- Sanctions administration charge: increasing the penalty administration charge to a sanctions charge of up to £2,000
- Approvals fee: unchanged at £40 per person
These changes would particularly impact property businesses with multiple offices or those onboarding new beneficial owners, officers, or managers. HMRC has stated the goal is cost recovery — not increased enforcement — and is seeking industry input before finalising the changes.
Stephen Williamson, Lead AML Consultant at FCS Compliance notes:
“I absolutely encourage you to share your views on this consultation. HMRC is more likely to take notice when they receive views from a broad range of businesses directly affected by these proposals. Your voice adds real weight to the discussion”
Why This Consultation Matters
In recent years, HMRC has taken a more active approach to compliance enforcement. In many cases, penalties have been issued for relatively simple administrative oversights — such as failing to register or renew on time.
With enforcement activity continuing, this consultation offers a chance for property professionals to engage constructively with HMRC and help shape a fair and proportionate supervisory framework.
Stay Ahead of Deadlines with AML Protect
Whether or not fee changes go ahead, one thing remains certain: staying on top of your compliance timeline is essential.
To help regulated property firms avoid missing critical registration dates, FCS Compliance offers AML Protect — a secure, free-to-use reminder tool.
With AML Protect, you can:
- Create a free account
- Set a personalised reminder
- Receive automated alerts before your MLR registration renewal deadline
It’s fast, easy, and open to all HMRC-supervised businesses — whether or not they’re FCS clients.
