Preparing for the new offence of failing to prevent tax evasion

Preparing for the new offence of failing to prevent tax

What should companies do now to prepare for the new corporate offence for failing to prevent tax evasion, coming into force by September 2017?


Tax Director

KPMG in the UK


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The Criminal Finances Bill contains provisions for a new corporate offence for failing to prevent tax evasion. These are expected to come into force by September 2017. What steps should companies take now? In a recent article for Tax Journal, Chris Davidson, a director in KPMG’s tax management consulting group, answers this question, which all ‘relevant bodies’ falling within the scope of the new ‘failure to prevent’ offence are asking. Unless businesses ensure they have reasonable procedures in place by 31 August 2017, they will risk committing a strict liability offence, and they could face an unlimited fine if a person acting on their behalf commits a predicate offence of aiding or abetting someone to evade tax criminally.

While there is no simple system that will protect every business from the risk of prosecution, all businesses can work through the process to determine the procedures they will need given their own particular circumstances. To find out more, please read the detailed article (PDF 517 KB)*.

* First published in Tax Journal on 3 February 2017. Reproduced with permission.


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