Tackling Tax Evasion
10 Minutes
Take 5
General
Criminal Finances Act: A Practical Overview
20 Minutes
Full course
Law
Understand what tax evasion is, how it occurs, how we are affected, and what must be done to stop it.
Description
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.
This course takes a modern, fresh approach to tax evasion training with a focus on industry-specific guidance, role-relevant scenarios and an interactive, engaging approach to ensuring all staff have the skills and understanding they need to prevent facilitation under the United Kingdom's Criminal Finances Act.
Course Objectives
- The relationship between tax evasion, tax avoidance and tax mitigation
- The social and economic effects of failing to prevent tax evasion
- 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
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This is a trial version of the course Criminal Finances Act: A Practical Overview. Please note, we do not offer certificates for trial course completions.
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