ECSH44875 - Annual refresh of supervision: what is it?

A business with an existing registration with HMRC is required to submit a declaration through its government gateway account each year.

The annual refresh of supervision is a two-stage process: a business must complete their annual declaration and pay their annual supervision fee.

Failure to complete both stages will lead to an auto-cancellation. For more information on auto-cancellation see ECSH48075.

Annual declaration

The business must check their registration information, make any updates required and submit the declaration to show the information is correct.

At this point, the annual premises fee will be raised on the system and the business will be told, via secure communication and their government gateway account, what the fee will be. They will also be given the payment reference number to make payment.

 

Annual fee

The annual supervision fee is imposed under Regulation 102 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

The business will pay a fee for each of their premises and must use the payment reference number to make payment.

For more information on fees see ECSH44575 and ECSH44940.