The 2011 Budget introduced important changes to taxation which will have a dramatic impact on tax planning for private clients. The proposed Statutory Residence Test, which is expected to take effect from 6 April 2012, is welcomed by practitioners in need of clarification on this complex area. Our February webinar will ensure that you are fully up-to-date with the latest proposals.
In recent years the HMRC has developed a more aggressive approach to tax avoidance. Its powers have been extended enormously, making it more vital than ever that tax practitioners are fully compliant with the regulations to avoid harsh penalties.
Our June webinar will provide a detailed overview of the latest anti-avoidance measures and offer you practical tips to ensure compliance.
With the ageing population, pensions are at the forefront of the political agenda. The Chancellor announced new rules for pension schemes, which apply from 6 April 2011. They introduced new tax relief limits, enabling many people to secure more tax
relief for pension contributions. Our October webinar will examine how pension tax planning is working under the new rules and discuss the best tax planning strategies.
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.
16th Feb 2011
Update on HMRC powers
This webinar covers:
S 113 & Schedule 36 (1) (2) (5) FA 2008 – notices on taxpayers, 3rd parties & persons unknown
- Approval of notices
- Types of information
- Compliance with notices
- Rights of appeal
Restrictions on information powers
- Power or possession
- Old documents
- Documents covered by legal professional privilege
- Auditor’s papers
- Tax advisor’s papers
Information from parties offshore
- Double tax agreements
- Tax information exchange agreements
- Other fiscal authorities
- Joint international tax shelter information centre
- European Savings Directive
- Penalties (inc. Sch. 10 FA 2010
- Inspection of business premises
- Liechtenstein Disclosure Facility
Criminal investigation
- Search warrants
- Production orders
- Intrusive surveillance
- Naming of tax defaulters
28th Apr 2011
Tax planning using trusts and their alternatives
This webinar will cover:
• Summary of developments since the Finance Act 2006
• The new government’s approach to trusts
• Budget 2011
• Non-trust structures – family limited partnerships, companies and bare trusts
• Lifetime nil-rate band trusts
• Use of trusts by non-domiciles
• Will trusts
19th May 2011
Tax planning for the 50% tax rate
This webinar will cover:
• The 50% rate now - what have people done?
• What next - the next generation of ideas
• The impact of 50% on trusts, companies, partnerships and other structures.
21st Jun 2011
Tax planning for non-UK domiciliaries
This webinar will cover:
• Making the most of the remittance basis
• The mixed fund rules
• Offshore income gains and the remittance basis
• Pitfalls
• Trusts for foreign domiciliaries and the categorisation of foreign equivalents
13th Sep 2011
Capital Gains Tax planning
In an attempt to stimulate the economy, the Chancellor announced in the last budget that the lifetime limit on capital gains qualifying for Entrepreneurs’ Relief is doubled to £10 million from 6 April 2011. According to Grant Thornton, this, as well as the increase in the general rate of capital gains tax, can potentially allow your clients to save up to £900,000 in tax. Our expert speakers will ensure that you are fully informed on the latest tax planning opportunities and offer you innovative strategies for tax mitigation.
This webinar will cover:
• Entrepreneurs relief and potential planning
• Impact of Section 13 TCGA 1992 and potential planning
• Review of the impact of Section 86 TCGA 1992
26th Oct 2011
Tax planning for high net worth individuals
The complexity of tax planning for high net worth individuals was recognised by the HMRC when they set up the High Net Worth Unit dealing specifically with the 5000 richest taxpayers in the UK. Our expert speakers will address the intricacies of tax planning relating to a plethora of taxable assets offering practical guidance on selling a business, property ownership and estate planning and the best strategies for tax mitigation.
This webinar will cover:
• Selling a business
• Property ownership
• Residence and domicile
• Estate planning
• Partnership structures
• Tax efficient investment
• Private residences and holiday lettings
9th Nov 2011
Inheritance tax planning update
HMRC’s new aggressive approach to tax collection and its increasingly used tactic of closing down tax avoidance schemes is putting greater pressure on tax professionals and their clients. Our expert speakers will examine what is left for inheritance tax planning, explaining how best to maximise exemptions and offering you practical strategies and innovative solutions for tax mitigation.
This webinar will cover:
• Taking advantage of business property relief with an eye to the level of investment risk
• Dealing with the family home
• The use of family investment partnerships and companies
• How to maximise exemptions
• The use of life assurance bonds to transfer value
