On 31 July 2025, HMRC published a revised policy paper: ‘HMRC’s Anti-Money Laundering (AML) Supervision Fees’ which is an updated discussion document outlining proposed changes to its fee structure for AML supervision under the Money Laundering Regulations (MLRs).
If your business is supervised by HMRC, here’s what’s being proposed for 2025/26:
- Premises supervision fee: increasing from £300 to £400 (+33%)
- Fit and proper test fee: rising from £150 to £700 (+129%)
- Small business cap: up from £180 to £200
- Application fee: currently removed (since 2020), but planned for reintroduction
- Approvals checks will remain unchanged at £40
HMRC cites the growing complexity and cost of supervising the UK’s AML landscape as the main reason behind these changes.
HMRC is also planning to set a minimum charge of £2,000 for any breaches / sanctions. The most cited breach is the failure to register on time which usually comes with a fine of £1,500.
It’s not just the regulator adapting. In a recent survey we conducted of 250 property professionals, 84% said they already charge or plan to charge clients for ID verification checks. This is part of a broader trend to recoup the rising cost of compliance.
That’s why at Credas, we’ve introduced our Payments solution — enabling companies to recoup part of their compliance costs seamlessly, all in one fully managed, user-friendly journey. Regulation is rising, but so is opportunity.
Stay compliant without absorbing every cost, get in touch today to find out more about Credas Payments.
