On 12 July 2017, the Criminal Finances Act 2017 Regulations were introduced to Parliament bringing into force the new offence of failure to prevent the facilitation of tax evasion from 30 September 2017.

  • The new offence applies to companies, partnerships and LLPs, but not individuals, who fail to prevent those acting on their behalf (e.g. employees) from facilitating tax evasion.
  • The offence is strict liability, but having reasonable prevention procedures in place is a defence.
  • The legislation surrounding the new offence was brought in via the Criminal Finance Act 2017.

Our guides

Corporate Criminal Offence: failure to prevent tax evasion

Penalties: accountants, advisers and agents


Wouldn’t it be great and think how much TIME it would SAVE you if someone:

  • READ all the latest tax news, case decisions, new legislation and articles in tax and then summarised them for you?
  • Only alerted you to things that are RELEVANT to you?

How about if that someone also:

  • Updated those summaries in REAL TIME for you
  • ADDED examples, planning points, toolkits and calculators, and
  • Linked all that information together and also provided you with CPD?

Thousands of firms of accountants and advisers are already using www.rossmartin.co.uk as their primary TAX resource.

At a cost of just £1 per day, it’s a no brainer: FREE up your MIND and your TIME (and your wallet).

And...we run our Virtual Tax Partner support service, if you need assistance with a particular query or technical issue.

Squirrel advert

Loving our content? 😍
Sign up Now!
For free tax news, cases,
discounts & special tax briefings

We hope you are enjoying this amazing Practical Tax Database here at www.rossmartin.co.uk.

 

.