[{"data":1,"prerenderedAt":176},["ShallowReactive",2],{"settings-data":3,"blog-data-which-services-are-covered-by-aml":25,"footer-data":75,"footer1-navigation-data":120,"main-navigation-data":133,"footer2-navigation-data":161,"cookie-banner-data":164,"main-navigation-button-data":168},{"data":4},{"globalSetting":5},{"data":6},{"attributes":7},{"GA4PropertyID":8,"PrimaryColor":9,"SecondaryColor":10,"linkedinLink":11,"twitterLink":12,"facebookLink":13,"instagramLink":14,"Address":15,"NewsletterPopup":12,"logo":16},"54321GT","#e2ef1e","#0f0f0e","https://www.linkedin.com/company/lightbeamca",null,"https://www.facebook.com/lightbeamca","https://www.instagram.com/lightbeamca","1st Floor, \n73 Oxford Street,\nBulimba QLD 4171",{"data":17},{"attributes":18},{"url":19,"width":20,"height":21,"alternativeText":22,"hash":23,"ext":24},"https://lightbeam.syd1.digitaloceanspaces.com/lightbeam_logo_3a1e805016.svg",262,36,"Light beam logo","lightbeam_logo_3a1e805016",".svg",{"data":26},{"blogs":27},{"data":28},[29],{"attributes":30},{"Title":31,"Description":32,"Content":33,"Image":34,"seo":68,"Author":72,"pubDate":73,"updatedAt":74},"Which Services are Covered by the AML laws","A detailed list of accounting services that trigger AML checks and a detailed list of services that do not trigger AML checks. ","## Which Services Are Affected — And Which Aren’t\nNot everything we do is covered by the new AML laws. Here’s how to tell the difference.\n\nOne of the most common questions clients are asking right now is: does this affect everything my accountant does for me?\n\nThe answer is no. And understanding the distinction is the single most useful thing you can do to prepare for what’s coming.\n\nFrom 1 July 2026, Australia’s AML/CTF laws will apply to specific services provided by accountants — what the legislation calls “designated services.” These are the types of work that AUSTRAC has identified as carrying a higher risk of being misused for money laundering or terrorism financing. If we provide one of these services to you, they must complete identity verification and due diligence checks before the work can begin.\n\nBut the majority of what most clients use their accountant for — the bread-and-butter compliance and advisory work — isn’t caught by the new rules at all.\n\n### What triggers AML checks\nThe designated services that apply to accountants relate specifically to transactional and structuring work. In practical terms, these include:\n•\tSetting up a new company, trust, partnership, or other legal entity\n•\tRestructuring an existing entity — changing directors, amending trust deeds, converting structures\n•\tAssisting with real estate transactions — actively advancing a purchase, sale, or transfer of property\n•\tManaging or holding client funds in connection with a transaction\n•\tArranging equity or debt financing for an entity\n•\tActing as (or arranging) a director, secretary, trustee, or nominee shareholder on your behalf\n•\tProviding a registered office or business address for an entity\n\n### What doesn’t trigger AML checks\nThe following services are generally not caught by the new regime:\n•\tPreparing and lodging your tax return\n•\tBAS preparation and lodgement\n•\tBookkeeping, payroll, and day-to-day accounting\n•\tGeneral business advisory — not linked to a specific transaction\n•\tFinancial statement preparation, audit, and assurance work\n•\tGeneral tax planning advice — discussing options without actually creating structures\n\n### The key test\nAUSTRAC draws a clear line between advising and assisting. Giving you general advice about the pros and cons of a particular structure doesn’t trigger AML obligations. But the moment we start directly advancing a transaction — drafting documents, registering entities, executing transfers — the requirements kick in.\n\nThis distinction matters because it determines whether you’ll need to go through the due diligence process before the work can proceed. For your regular compliance work, nothing changes. For structuring and transaction work, expect a new process.\n\n### Not Sure If Your Work Is Affected?\nIf you’re not sure whether the services you use fall within the new AML rules, we’re happy to clarify. In most cases, your regular tax, BAS, and bookkeeping work isn’t affected at all. It’s only when you need structuring or transaction work that the new checks apply — and we’ll let you know at that point. If you’d like to understand how this applies to your specific situation, get in touch and we’ll walk you through it.\n",{"data":35},{"attributes":36},{"url":37,"alternativeText":38,"width":39,"height":39,"formats":40,"hash":67,"ext":42},"https://lightbeam.syd1.digitaloceanspaces.com/AML_Which_Services_services_are_covered_d8e91c9719.png","What Services are Covered by AML",1080,{"large":41,"small":49,"medium":55,"thumbnail":61},{"ext":42,"url":43,"hash":44,"mime":45,"name":46,"path":12,"size":47,"width":48,"height":48},".png","https://lightbeam.syd1.digitaloceanspaces.com/large_AML_Which_Services_services_are_covered_d8e91c9719.png","large_AML_Which_Services_services_are_covered_d8e91c9719","image/png","large_AML Which Services services are covered.png",101.03,1000,{"ext":42,"url":50,"hash":51,"mime":45,"name":52,"path":12,"size":53,"width":54,"height":54},"https://lightbeam.syd1.digitaloceanspaces.com/small_AML_Which_Services_services_are_covered_d8e91c9719.png","small_AML_Which_Services_services_are_covered_d8e91c9719","small_AML Which Services services are covered.png",44.05,500,{"ext":42,"url":56,"hash":57,"mime":45,"name":58,"path":12,"size":59,"width":60,"height":60},"https://lightbeam.syd1.digitaloceanspaces.com/medium_AML_Which_Services_services_are_covered_d8e91c9719.png","medium_AML_Which_Services_services_are_covered_d8e91c9719","medium_AML Which Services services are covered.png",70.83,750,{"ext":42,"url":62,"hash":63,"mime":45,"name":64,"path":12,"size":65,"width":66,"height":66},"https://lightbeam.syd1.digitaloceanspaces.com/thumbnail_AML_Which_Services_services_are_covered_d8e91c9719.png","thumbnail_AML_Which_Services_services_are_covered_d8e91c9719","thumbnail_AML Which Services services are covered.png",11.33,156,"AML_Which_Services_services_are_covered_d8e91c9719",{"metaTitle":38,"metaViewport":12,"metaRobots":12,"metaDescription":69,"keywords":70,"metaSocial":71},"A detailed list of accounting services that trigger AML checks and a detailed list of accounting services that do not trigger AML checks. ","AML services",[],"Andrew McVinish","2026-09-30","2026-10-13T03:46:54.157Z",{"data":76},{"footer":77},{"data":78},{"attributes":79},{"FooterDescription":80,"FooterLink":81},"Website created by WeArePF | Liability limited by scheme approved under Professional Standards Legislation",[82,94,107],{"id":83,"Text":84,"Link":85,"Icon":86},"2","hello@lightbeamca.com.au","mailto:hello@lightbeamca.com.au ",{"data":87},{"attributes":88},{"ext":24,"alternativeText":89,"name":90,"url":91,"hash":92,"width":93,"height":93,"formats":12},"Email icon","email-icon.svg","https://lightbeam.syd1.digitaloceanspaces.com/email_icon_ed33ba1343.svg","email_icon_ed33ba1343",29,{"id":95,"Text":96,"Link":97,"Icon":98},"1","1300 530 478","tel:+1300 530 478",{"data":99},{"attributes":100},{"ext":24,"alternativeText":101,"name":102,"url":103,"hash":104,"width":105,"height":106,"formats":12},"Mobile icon","lb-mobile-icon.svg","https://lightbeam.syd1.digitaloceanspaces.com/lb_mobile_icon_775f8426f0.svg","lb_mobile_icon_775f8426f0",18,27,{"id":108,"Text":109,"Link":110,"Icon":111},"3","1st Floor, 73 Oxford Street,\u2028Bulimba QLD 4171","https://maps.app.goo.gl/ToEX39UsKjMDdGjV7",{"data":112},{"attributes":113},{"ext":24,"alternativeText":114,"name":115,"url":116,"hash":117,"width":118,"height":119,"formats":12},"Location icon","lb-location-icon.svg","https://lightbeam.syd1.digitaloceanspaces.com/lb_location_icon_c029d2da74.svg","lb_location_icon_c029d2da74",23,28,{"data":121},{"renderNavigation":122},[123,128],{"id":124,"title":125,"path":126,"items":127},2,"Privacy policy","/privacy-policy",[],{"id":129,"title":130,"path":131,"items":132},3,"Terms of service","/terms-and-conditions",[],{"data":134},{"renderNavigation":135},[136,141,146,151,156],{"id":137,"title":138,"path":139,"items":140},8,"Services for Tradies","/accounting-for-queensland-tradies",[],{"id":142,"title":143,"path":144,"items":145},5,"About","/about",[],{"id":147,"title":148,"path":149,"items":150},6,"How we work","/how-we-work",[],{"id":152,"title":153,"path":154,"items":155},7,"Pricing","/pricing",[],{"id":157,"title":158,"path":159,"items":160},4,"Blog","/blog",[],{"data":162},{"renderNavigation":163},[],{"data":165},{"cookiePopups":166},{"data":167},[],{"data":169},{"renderNavigation":170},[171],{"id":172,"title":173,"path":174,"items":175},1,"Get started","/contact",[],1791864104278]