An article discussing self-reporting of corporate criminal offences under the Criminal Finances Act 2017.
Following a recent advisor meeting with HMRC to receive an update on the application of the Senior Accounting Officer (SAO) and Tax Strategy rules, we have an update to share.
In September 2018, HMRC rolled out a pilot of an updated and altogether more in-depth BRR. This involves a greater level of detailed data being requested from companies across the taxes. It also sets out how HMRC will apply a separate risk rating for each tax regime based on three separate behavioural factors and how they will assess business on four levels of risk.
Feedback from the pilot and insights into what to expect next from HMRC were shared in the joint PwC and HMRC webcast on 19 March 2019.
Following the recent successful client seminar on the corporate criminal offence (CCO) of failure to prevent facilitation of tax evasion, we have now made available the recording from the session and a copy of the slide pack for those that were unable to attend in person.