Anti-Tax Evasion Policy

1. Purpose

Personal Audit Systems Ltd is committed to conducting business ethically and lawfully and to preventing the criminal facilitation of tax evasion in any form. This policy sets out the principles and controls used to prevent persons associated with the Company from engaging in or facilitating tax evasion, in accordance with the Criminal Finances Act 2017.

2. Scope

This policy applies to all employees, directors, officers, contractors, agents, consultants, and other third parties who perform services for or on behalf of Personal Audit Systems Ltd.

3. Policy Statement

Personal Audit Systems Ltd has zero tolerance for tax evasion and the facilitation of tax evasion, whether in the UK or overseas. All associated persons must comply fully with this policy and with applicable tax laws.

4. Responsibilities

Senior management is responsible for ensuring this policy is implemented effectively. All employees and associated persons must act honestly, report concerns, and complete required training.

5. Risk Assessment

The Company undertakes periodic risk assessments to identify and mitigate the risk of tax evasion facilitation, particularly in high-risk areas such as third-party relationships and financial transactions.

6. Prevention Procedures

The Company maintains reasonable prevention procedures including proportionate due diligence, financial controls, training, reporting mechanisms, and regular reviews.

7. Reporting Concerns

Any concerns must be reported immediately via management or the Company’s whistleblowing procedures. Reports will be handled confidentially.

8. Breach of Policy

Breaches may result in disciplinary action, termination of contracts, and potential reporting to authorities.

9. Review

This policy is reviewed annually and updated as necessary.