Preventing the Facilitation of Tax Evasion Course

Tax laws don't only apply to those who calculate or manage taxes. They apply to everyone. Although no one likes to pay tax, there is a clear distinction between avoiding tax and evading tax.

Tax evasion is the deliberate failure by a person or company to declare, or to under-declare, taxable transactions. The UK Criminal Finances Act 2017 makes it a criminal offence to facilitate tax evasion.

Our Preventing the Facilitation of Tax Evasion Course will help your employees understand tax evasion as well as spot and combat this risk.

About this Course

Available as part of our Compliance Essentials Library.

Learning Objectives

This course will prepare your employees to:

Recognise the difference between tax evasion and tax avoidance
Appreciate the measures that our Company has introduced to prevent the facilitation of tax evasion
Identify red flags that indicate a risk of tax evasion
Conduct a risk assessment to apply due diligence procedures
Take action to report suspicions of tax evasion and document those suspicions accordingly

Latest Course Updates

Full design review by a tax evasion expert
Text & image updates throughout the course
New pages, activities & scenarios
Two illustrative news stories added
Updated scenarios & learning activities
New post-course assessment
Minor update to include information about the Trust Registration Service and Economic Crime (Transparency and Enforcement) Act 2022

Course Outline

Introduction

- The problem of tax evasion
- Why is it important to us?

What is tax evasion?

- Examples of tax evasion
- What is tax avoidance?
- You make the call: Tax evasion or tax avoidance?

Facilitation of tax evasion

- Examples of facilitation
- You make the call: Is it facilitation of tax evasion?
- The key stages of the UK offence
- Revenue & tax fraud
- The offences
- Scope of the law
- Cases: In the news...

Associated persons

- You make the call: Who is an associated person?

Unexplained Wealth Orders (UWO)

- Requirements for issuing UWOs
- Responding to a UWO

Best practices for preventing tax evasion

- You decide: Managing the risks
- Scenario: The relationship manager
- Scenario: The HNW client
- Scenario: A US client (FATCA)
- You make the call: To report or not?
- You decide: Unfounded suspicion

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.