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

DRAFT FINANCE BILL 2023 CLAUSES FOR CONSULTATION

• Homes for Ukraine Sponsorship Scheme – Tax Exemptions
• CGT – Separation and Divorce
• Proposed changes
• Farmers – Lump Sum Exit Scheme
• Proposed revisions
• Research and Development Tax Relief – Proposed changes
• Extending qualifying expenditure
• Refocsing the reliefs towards innovation in the UK
• Tackling abuse and improving compliance
• Previously announced measures
• Further consequential measures
• Multinationals – “Top Up” Tax
• Background to the measure
• Calculation of effective tax-rate
• Calculation of profits or losses
• Adjustments to profits or losses
• Calculation of covered taxes
• Calculation of top-up amounts
• Allocation of top-up amounts to responsible members
• Filing and Reporting
• Standardised Transfer Pricing Documentation

RECENT TAX DEVELOPMENTS

• MTD for Income Tax Guidance Still Lacks Clarity
• HMRC Getting Heavy On R&D Claims
• Employment Status Rules Still Lack Clarity
• Employment Agencies may be liable for the tax of PSCs
• Latest HMRC advisory fuel rate for company cars
• Employees using their own car

RECENT TAX CASES

• HMRC Use e-Commerce Data to Raise Assessments
• VAT Assessment Time Limit – Standard not Zero Rated?
• Compensation for Amending Pension Rights was Tax Free
• Operating an Aparthotel did not qualify for IHT BPR

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.