Course contents

Tax planning for 2019
The course looks at the tax planning opportunities accountants need to consider for their clients for 2019. The course reviews current problem areas, impending developments and potential problem areas. These will be drawn from:

    Income tax
  • Corporation tax
  • Payroll issues and auto enrolment ¬
  • CGT & ¬ IHT ¬
  • National Insurance ¬
  • Capital allowances ¬
  • Recent tax cases
  • Developments in using pension planning in taxation
  • Topical tax issues.

The exact contents The course will cover:

  • MTD - the latest developments
  • Finance Act update on what did and did not get through parliament
  • Entrepreneurs’ relief and Capital Allowances update on the Budget changes
  • IR35
  • Tax planning and administration for the Welsh taxpayer
  • A comparison of SDLT/LBTT/LTT
  • Write off of loans to businesses
  • The tax impact of Legal vs beneficial ownership
  • Discovery - the latest round of cases
  • Late appeals and when they are valid
  • Illegal dividends and when they have to be repaid
  • Pension annual allowance charge
  • National Minimum Wage - areas where HMRC are reviewing
  • SDLT - common queries from clients
  • Administrative issues - round up of recent judgements

Incorporation, disincorporation and which business structure to use
The course explores the main issues you need to consider when incorporating a business or unravelling a company that is no longer needed. The contents are drawn from:

  • The main reasons to consider when incorporating
  • Practical implications of incorporating: stock, losses, National insurance
  • CGT implications: holdover relief, incorporation relief
  • What date of cessation should I pick?
  • Capital allowances: the options you must review
  • Stock: options you must review
  • Other issues: don't lose the losses!
  • CGT - the issues you must cover and how to mitigate any possible gains
  • Valuation of assets.
  • The tax cost of disincorporation now that no relief is available
  • Tax implications of business continuing and how this applies in practice
  • Incorporation of property businesses including accessing CGT and SDLT reliefs and the practical implications of doing this
Course type
General tax