Criminal Finance Act 2017 – New Tax Evasion Offences

7 November 2018

As part of the numerous reforms introduced by the Criminal Finance Act (CFA) 2017, there were two new offences created; failure to prevent facilitation of domestic tax evasion and failure to prevent foreign tax evasion. The following article, by POCA and Financial Crime specialist Barnaby Hone, discusses these new offences which were introduced primarily to target the facilitators and enablers of tax evasion.

Barnaby has a range of experience in fraud, international asset recovery, financial crime and professional discipline law, particularly in healthcare and sports law matters. He has experience of all areas of the Proceeds of Crime Act both domestically and internationally. In addition to his busy practise, Barnaby writes the chapters on International Asset Recovery and Terrorism Finance for Millington and Sutherland Williams on POCA and recently completed a series of seminars and articles on changes to POCA under the Criminal Finance Act 2017. Barnaby is ranked in the Legal500 as a leading individual in POCA and Asset Recovery law.

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Click here to access the full article.