BIM43135 - Specific deductions; crime (expenditure involving): criminal payments: Prevention of Corruption Act 1906
The 1906 Act extends the earlier corruption legislation and not
merely to central government. it is quite general and does not
depend on a connection with a public body. Thus, for example, the
1906 Act catches a bribe to an employee of a UK trader to induce
him or her to award a contract.
More precisely, the Act makes it an offence for any
’agent' corruptly to accept, obtain, agree to accept or
attempt to obtain any gift or consideration as an inducement or
reward for doing or forbearing to do anything in relation to the
affairs or business of his ’principal'. It is similarly an
offence for anyone corruptly to offer or give such a gift or
consideration to an agent. An ‘agent' is any person employed
by or acting for another, including a person serving the Crown, or
any local or public authority, and ’principal' includes any
employer.
Refer cases that appear to fall within this Act to CT&VAT
(Technical) at an early stage.
