General Practice Package

The General Practice Package provides you with extensive guidance and ready-to-use templates in a range of areas including: 

• Office procedures 
• Quality Assurance 
• Accounts preparation 
• Audit exempt companies 
• Anti money laundering 
• Management accounts 
• Corporation tax 
• VAT 
• Payroll 
• The Clients' Money Regulations 
• And much more 

As well as a huge range of guidance, the manual also gives you instant access to over 200 ready-to-use templates, letters and forms, including such things as: 

• Client engagement letters 
• Standard terms of business 
• Anti money laundering client due diligence forms 
• Example whole firm anti - money laundering procedures and a risk assessment 
• Accounts and disclosure checklists for audit exempt companies 
• Self-assessment control sheet 
• Template for annual practice assurance compliance review 
• Template for annual client money compliance review 
• And much more 

October 2025
This update to the Money Laundering Compliance Manual principally incorporates

• The National Risk Assessment of Money Laundering and Terrorist Financing 2025 (NRA 2025);
• The introduction of a new ICAEW web area to support MLROs;
• The launch of the new Office of Trade Sanctions Implementation;
• The Economic Crime and Corporate Transparency Act 2023;
• Updated Joint Money Laundering Steering Group Guidance;
• The release of FG25/3: Treatment of politically exposed persons; and
• The Proceeds of Crime (Money Laundering) (Threshold Amount) Order 2025.

October 2024
This update to the Money Laundering Compliance Manual principally incorporates:

• Updates to reflect the revised Accountancy AML Supervisors Group (AASG) Risk Outlook.
• Changes to the list of high-risk third countries.
• Additional guidance on meaningful completion of the CDD forms.
• Restructuring, to aid navigation around the manual.

July 2024
The principal technical changes in this update to the General Practice Procedures Manual include update of disclosure checklists for recent changes in accounting standards.

May 2024
The principal technical changes in this update to the General Practice Procedures Manual include:

• Updates to the payroll section within commentary to reflect that, for the 2023/24 tax year onwards, P11D and P11D(b) submissions can only be submitted and amended online and that, from April 2026, the payrolling of benefits will become mandatory and P11Ds will no longer be required;
• Updates to the payroll section within commentary to reflect HM Revenue and Customs' withdrawal of the requirement for a BACS Hash for the 2023/24 tax year onwards;
• Updates to reflect new document checking rules came into force on 13 February 2024 in respect of right to work checks for employers;
• Other general updates to the payroll section within commentary to reflect current procedures for the preparation and submission of key reporting to HM Revenue and Customs; and
• Addition of guidance in respect of the CRS requirements.

In addition, a number of other minor improvements and amendments have been made to the manual, in particular the supporting documents relating to payroll and specialist tax work programmes.

March 2024
The principal technical changes in this update to the General Practice Procedures Manual include:

• Updates to the taxation section within commentary to reflect the revised VAT submission penalties regime for VAT accounting periods starting on or after 1 January 2023;
• Updates to the taxation section within commentary to reflect the revised VAT payments penalties regime for VAT accounting periods starting on or after 1 January 2023;
• Updates to the taxation section within commentary to reflect the minor amendments made to the PCRT guidance effective from 1 January 2023;
• Other general updates to the taxation section within commentary to reflect current procedures for the preparation and submission of key reporting to HM Revenue and Customs; and
• Update of disclosure checklists for recent minor changes in accounting standards.

In addition a number of other minor improvements and amendments have been made to the manual, in particular the supporting documents relating to taxation.

January 2024
This update to the Money Laundering Compliance Manual principally incorporates:

• Changes to reflect the latest version of the CCAB Anti-Money Laundering Guidance for the Accountancy Sector (AMLGAS) issued in June 2023;
• Updates to reflect changes to the discrepancy reporting regime and the economic crime levy now being in force;
• Changes in the sanctions regime; and
• Other minor updates to AML guidance and regulation.

November 2023
This update to the General Practice Procedures Manual principally incorporates:

• Changes in relation to the revised ICAEW CPD requirements;
• Updates in relation to the current ACCA CPD requirements; and
• The restructure and renaming of the documents contained within section BA2 within Supporting Documents to allow for easier navigation and to allow manual users to include longer client names in 'Customiser'.
  

All prices are subject to VAT. Prices are subject to change on 1 July.

Mercia online manuals are updated regularly by our technical staff and you will be notified of any significant regulatory changes by email. 

Your subscription will automatically auto-renew on anniversary date, you will be notified by email before your subscription expires and offered the option to opt out of auto-renewal.  

System Requirements

• Internet access.
• Operating System: Windows, Mac IOS.
• Applications: Full version of Microsoft Office or Mac equivalent, PDF Reader.