Tax Update Webinar

Objectives 

These monthly webinars will give you all you need for an essential tax update in just one hour per month. Martyn will cover all the vital tax issues and will update you thoroughly each month with the emphasis firmly on the practical issues so that action can be taken at the right time.

Key Topics

RECENT TAX DEVELOPMENTS

• MTD for Income Tax Consultation On Details To Be Reported
• MTD For Income Tax – Free Software?
• HMRC Interest Rate Changes and Inheritance Tax Thresholds
• CGT Private Residences with Part Business Use

RECENT TAX CASES

• Period of “Ownership” for CGT Private Residence Relief
• 4.99% is not sufficient for CGT Entrepreneurs’ Relief
• Employment Status Important for Taxation of Travel Costs
• Goodwill belonged to Partnership not Partner so “Old”
• Seed EIS relief Available for Film Companies

ATTRACTING AND RETAINING KEY STAFF WITH SHARE SCHEMES

• Why Have a share scheme?
• Share options and share incentives
• Advantages of Tax Advantaged (Approved) share Schemes
• Overview of Tax-Advantaged (Approved) Schemes
• Enterprise Management Incentives (EMI)
• Qualifying company
• £30 million gross assets test
• Qualifying trade
• Qualifying employees
• “Material interest” test
• The £250,000 limit
• Market value of options
• Conditions and restrictions
• Income tax charges
• Capital gains tax
• Corporation Tax Relief for Employee Shares
• Shares Qualifying for Corporation tax deduction
• Shares Acquired Under a Share Option Scheme

Who Should Attend

These webinars are aimed at all practitioners and staff who need to keep themselves up to date and want to offer practical and up to date tax advice.