Payedoc Payroll Services Ltd v Revenue & Customs [2014] UKFTT 711 (TC) (22 July 2014)
The Appellant failed to take all reasonable steps to ensure compliance with the registration requirement under MLR 2007; HMRC was not precluded from levying a penalty as its notification measures were objectively reasonable and the Appellant's assumption of exemption was not justified.
- Citation
- [2014] UKFTT 711
- Parties
- Appellant: Payedoc Payroll Services Ltd; Respondents: The Commissioners for Her Majesty’s Revenue & Customs
- Jurisdiction
- United Kingdom
- Judgment Date
- 22 July 2014
- Procedural Posture
- Appeal / Final Judgment
- Outcome
- Appeal dismissed
- Legal Topics
- Money Laundering Regulations, Registration Requirements, Penalties for Non Compliance
Case Brief
Summary, issues, holding and outcome
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Parties
Payedoc Payroll Services Ltd
Appellant
The Commissioners for Her Majesty’s Revenue & Customs
Respondents
Procedural Posture
Appeal / Final Judgment
Legal Issues
- 1 Whether HMRC complied with its statutory obligation to take reasonable steps to bring the register to the attention of affected persons
- 2 Whether the Appellant took all reasonable steps and exercised all due diligence to comply with its obligations under the Money Laundering Regulations 2007
- 3 Whether HMRC were precluded from issuing a penalty
Ratio Decidendi
The Appellant failed to take all reasonable steps to ensure compliance with the registration requirement under MLR 2007; HMRC was not precluded from levying a penalty as its notification measures were objectively reasonable and the Appellant's assumption of exemption was not justified.
Court Disposition
Appeal dismissed
Orders
- Penalty of £500 confirmed
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