Tax for general practice webinars have been designed specifically for the needs of the general practitioner with our expert speakers offering you top practical tips.
It is expected that the General Anti-Abuse Rule (GAAR) will come into force in July 2013 rather than April 2013 in order to ensure that some of the uncertainties surrounding it are clarified. Our webinar examining the key changes introduced in the Budget will look at the implications of GAAR. It will also update you on the new charges on high value residential property owned by non-natural persons and give you tips on how to plan for the changes ahead. Our February webinar will offer small businesses practical guidance on Real Time Information and analyse the common pitfalls of employee share scheme, giving you tips on how to avoid them.
Forthcoming Webinars
Here is the schedule of forthcoming webinars for this practice area.
On Demand Webinars
Here is a list of previously broadcast webinars that are now available on demand.
15th May 2012 15:30
Residence and non-UK domiciliaries
The rules relating to taxation of non-domiciliaries are in a state of flux. Not only is the Government planning to introduce a new statutory residence test in 2013 but they have also increased the annual charge for the remittance basis. From this April if the individual is resident in the UK for 12 years or more the charge will be £50,000. Concurrently, the Government has introduced a new relief whereby any untaxed foreign income and gains brought to the UK for the purposes of commercial investment in UK businesses will not incur a tax charge.
This webinar will ensure that you are fully up to date with the new rules and their practical implications.
This webinar will cover:
• Statutory residence test – the new rules
- Definition of ‘connection factors’
- What action needs to be taken before April 2013?
• New remittance rules
• Nominated accounts & payment of tax
• Business investment relief
• Foreign currency accounts
• Coming to and leaving UK
19th Jun 2012 15:30
Corporation Tax update
According to the Chancellor, the 2012 Budget will help Britain ‘earn its way in the world’. One of his key initiatives is to cut Corporation Tax to 22p over the next three years, signaling Britain’s competitiveness to foreign investors and stimulating the economy. This, together with the other recent initiatives, such as the new Research & Development tax credits, which are expected to be effective from April 2013, give corporations new opportunities to reduce their tax liabilities.
Our fully interactive webinar will update you on these developments and offer you practical tips on how to take full advantage of them.
This webinar will cover:
• New rates
• Capital allowances – further changes
• Research & Development tax credits – enhanced relief and further consultation
• Capital distributions
• Loan relationships
• Anti-avoidance measures
12th Sep 2012 15:30
Inheritance Tax and trusts - the latest opportunities
The Government introduced a new way to minimise Inheritance Tax through charitable giving. From 6th April 2012 if you leave 10% of your estate to charity, your Inheritance Tax can be reduced from 40% to 36%. Our panel of leading industry experts will offer top tips and practical guidance to ensure that you understand how to take full advantage of this new opportunity.
This webinar will cover:
• Reduced rate and charitable gifts – how to take full advantage
• Use of trusts in estates planning – practical case study
• Offshore trusts – common traps and tips on how to avoid them
- Recent changes to CGT charges on property held in offshore trusts
• Recent case law developments
17th Oct 2012 15:30
What's happening in VAT?
The last Budget proposed measures which aimed to address anomalities relating to VAT. Many were surprised by the seemingly random and shambolic list of proposals, which included legislation relating to takeaway food, holiday caravans, self-storage, approved alterations to listed building and so on. Although following the so-called ‘pasty tax’ furore some of the proposals were withdrawn, many made it into the statute books.
This interactive webinar will update you on the new rules and offer you practical tips to ensure compliance.
This webinar will cover:
• Changes following Budget 2012 – new rules
• VAT security demand
• VAT and property – practical tips
• Case law update
20th Nov 2012 15:30
The complex web of pension planning
Please note a correction to the content of this webinar. In the discussion of DB schemes the speaker incorrectly states that DB benefit is valued for AA purpose at a factor which is currently 20 and used to be 16. However the correct position is that the factor is currently 16 and used to be 10.
Please accept our apologies for this error.
Auto-enrolment is the biggest shake up in pensions for a generation. It came into force in October 2012 and requires employers to automatically enrol their employees in company pensions. However, this will result in an additional tax bill for those who either make an annual pension contribution of £50,000 or have a lifetime pension savings of more than £1.5m. For these people is it essential to opt out of the scheme or risk paying 55% tax charge on the excess amount, which could considerably shrink their pension pot.
Our speakers will discuss the repercussions of the new scheme and offer you practical tips to ensure your pension is tax efficient.
This webinar will cover:
UK pension schemes
• Overview of current limits - post April 2006 regime and Finance Act 2011 etc. changes
• Restrictions in tax relief – slashing of annual allowance etc.
• Improvements in flexibility/tax reductions – introduction of flexible drawdown/reduction in death taxes etc.
• Forthcoming changes – auto enrolment/possible further reductions in tax relief?
• Planning – how to maximise benefits and tax breaks/comparison to other savings and investment products
• Pension investment issues - assets SIPPS can hold etc.
Offshore pension arrangements
• Types of offshore arrangements – QROPS/QNUPS/EFRBS/other
• Impact of the disguised remuneration legislation
• HMRC clampdown on use of QROPS
• Planning opportunities and future likely developments
15th Feb 2013 15:30
Real Time Information and other current trends affecting employment tax
This webinar will cover:
• Real Time Information – practical tips for small businesses
• Auto-enrolment – what is its impact?
• Update on employee share owner status
• Employee share schemes – tips for avoiding common traps
• IR35 and taxation of controlling persons
• Issues affecting offshore workers – double tax relief
30th Apr 2013 15:30
Key issues arising out of the Budget for general practitioners
This webinar will cover:
• Key issues
• Update on GAAR
• Charges on high value residential property owned by non-natural persons
• Practical impact for general practitioners and their clients
• How to plan for the changes ahead
