V18.163 Criminal penalties
Evasion of tax
A person is guilty of a criminal offence if1:
-
• he is a registrable person and is knowingly concerned in, or takes steps with a view to, the fraudulent evasion of tax by him or another registrable person, or
-
• not being a registrable person, he is knowingly concerned in, or takes steps with a view to, the fraudulent evasion of tax by a registrable person
The evasion of tax includes claiming a credit which is not due2.
A person who is guilty of such an offence shall be liable3:
-
• on summary conviction to a penalty4 of £20,000 or of three times the amount of tax, whichever is the greater or to a term of imprisonment not exceeding six months, or to both,
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial