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

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