Tax Evasion

Policy Statement:

At Fixed Construction Limited (the “Company”), we are committed to upholding high ethical standards and complying with all applicable laws and regulations. This policy outlines our commitment to preventing the facilitation of tax evasion and our obligations under the Criminal Finances Act 2017. We expect all employees, contractors, and business partners to adhere to this policy and actively contribute to our efforts to combat tax evasion.

  1. Purpose:

The purpose of this policy is to:

  1. Establish procedures and controls to prevent the facilitation of tax evasion offenses by anyone acting on behalf of Fixed Construction Limited. b. Ensure that employees, contractors, and business partners understand their responsibilities and obligations in preventing tax evasion. c. Promote a culture of transparency, integrity, and compliance throughout the organization.
  2. Scope:

This policy applies to all employees, contractors, and business partners of Fixed Construction Limited, regardless of their role or level of seniority.

  1. Definitions:
  2. "Tax Evasion" refers to the illegal act of intentionally evading tax obligations by deliberately misrepresenting or concealing information from tax authorities.
  3. Policy Guidelines:
  4. Prohibition of Tax Evasion Facilitation:
  5. Fixed Construction Limited prohibits any form of tax evasion facilitation, both in the UK and internationally, by any individual acting on behalf of the company.
  6. No employee, contractor, or business partner of Fixed Construction Limited shall engage in activities that aid, abet, or otherwise facilitate the commission of tax evasion offenses.
  7. Awareness and Training:
  8. Fixed Construction Limited will provide appropriate training and awareness programs to all employees, contractors, and business partners to ensure they understand their responsibilities and obligations under this policy.
  9. Training will cover the recognition and prevention of tax evasion, as well as the potential consequences for individuals and the organization.
  10. Reporting Suspected Tax Evasion:
  11. Employees, contractors, and business partners are encouraged to report any suspected instances of tax evasion promptly.
  12. Fixed Construction Limited will establish confidential reporting channels to facilitate the reporting of suspicions or concerns related to tax evasion.

iii. Reports will be treated confidentially, and individuals making reports will be protected against any form of retaliation.

  1. Due Diligence and Risk Assessment:
  2. Fixed Construction Limited will undertake risk assessments to identify and understand the potential risks of tax evasion in its operations and business relationships.
  3. Appropriate due diligence procedures will be implemented to identify and assess the risk of tax evasion by employees, contractors, and business partners.
  4. Compliance and Monitoring:
  5. Fixed Construction Limited will establish internal controls and monitoring mechanisms to ensure compliance with this policy.
  6. Regular audits and reviews will be conducted to assess the effectiveness of controls, procedures, and training programs.

iii. Any identified non-compliance will be addressed promptly, and appropriate disciplinary actions will be taken.

  1. Compliance and Consequences:
  2. Failure to comply with this policy may result in disciplinary action, up to and including termination of employment or contract.
  3. Fixed Construction Limited will cooperate fully with relevant authorities in the investigation of any suspected tax evasion offenses.
  4. Fixed Construction Limited reserves the right to terminate any business relationship with individuals or entities involved in tax evasion.
  5. Policy Review:

This policy will be reviewed periodically to ensure its continued relevance and effectiveness. Any necessary updates or amendments will be made in a timely manner.

By implementing and adhering to this policy, the Company aims to prevent the facilitation of tax evasion, protect its reputation, and demonstrate its commitment to ethical business practices.

This policy has been approved & authorised by:

| Name: | Lucy Clarke | | --- | --- | | Position: | Director | | Date: | 30 April 2024 |

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