Ian Hyde and Chris Thomas (Pinsent Masons) explain why employment tax compliance is a significant risk area for the new corporate criminal offences of failing to prevent the facilitation of tax evasion.
The new corporate criminal offences of failing to prevent the facilitation of tax evasion came into force on 30 September 2017. By now businesses should have conducted a risk assessment as to their exposure under the new offences and should have put their reasonable prevention procedures in place (or be in the course of doing so). With HMRC’s increasing focus on employment tax compliance this is a risk area for many businesses. In this article we explore the interaction between employment tax compliance and the new offences.
Corporate criminal offences
The Criminal Finances Act 2017 introduced two new criminal tax offences which came into force...
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Ian Hyde and Chris Thomas (Pinsent Masons) explain why employment tax compliance is a significant risk area for the new corporate criminal offences of failing to prevent the facilitation of tax evasion.
The new corporate criminal offences of failing to prevent the facilitation of tax evasion came into force on 30 September 2017. By now businesses should have conducted a risk assessment as to their exposure under the new offences and should have put their reasonable prevention procedures in place (or be in the course of doing so). With HMRC’s increasing focus on employment tax compliance this is a risk area for many businesses. In this article we explore the interaction between employment tax compliance and the new offences.
Corporate criminal offences
The Criminal Finances Act 2017 introduced two new criminal tax offences which came into force...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
