Tax Evasion: Failure to Prevent

The Criminal Finances Act training requirements

The Criminal Finances Act, passed in April 2017, requires staff to be trained on tax evasion as part of a business’ “reasonable procedures” to prevent the facilitation of tax evasion. This is a defence against the new corporate offence of failure to prevent the criminal facilitation of tax evasion, something a company can be prosecuted for if its staff or contractors help someone evade tax anywhere in the world.

The criminal finances act course will cover:

• The relationship between tax evasion, tax avoidance and tax mitigation
• The social and economic effects of failing to prevent tax evasion
• Understanding of what is meant by “reasonable procedures”
• The penalties for committing an offence under the Criminal Finances Act
• Red flags for spotting facilitation of tax evasion
• Practical advice and personalised guidance to prevent facilitation of tax evasion
• Interactive quizzes to review knowledge learnt

Tax evasion course available in multiple versions

The course automatically adapts to your specific industry, location and training needs to meet your specific training requirements under the Criminal Finances Act. The various versions of the course provide in-depth detail to identify potential red flags, along with all the legislative detail and signs you need to spot potential tax evasion.