Capital Gains Tax and Inheritance Tax

This course will bring delegates up-to-date on:

• The key capital gains tax (CGT) reliefs, particularly
  • Business asset disposal relief
  • Main residence relief
• The capital gains tax charges and reporting requirements related to the disposal of UK residential property and (for non-residents) other UK land and buildings
• The impact on Will planning of the inheritance tax (IHT) residential nil rate band and ‘downsizing’ provisions
• The latest developments in the business reliefs for inheritance tax
• The key inheritance and capital gains tax planning points and problems arising from the new ‘deemed domicile’ rules
• Recent case law, HMRC guidance and other developments of capital gains tax on investment property

The capital gains tax course trainer is a Chartered Accountant who qualified with PwC in 1988, spending his last 18 months there in the Corporate Tax department.

In 1989 he joined a leading financial training company as a tax tutor, teaching final-level candidates for the ICAEW and ACCA examinations. Since 1992, he has been self-employed as a Professional Tutor and Training Consultant, specialising in tax update courses for accountants, lawyers and investment managers.

He has been teaching in the financial services industry since 1994. Although he concentrates on the professional development market these days, he is very experienced in teaching stock brokers, fund managers and financial advisors for their various regulatory examinations.

As a result, he is a tax specialist with (unusually) a very rounded knowledge of financial services products and markets. In 2012 this led to him undertaking Gapfill courses for the CISI.

He is a regular contributor to Taxation magazine and speaks at regional conferences of the ICAEW and CIOT.

This capital gains tax course will look at both capital gains tax (CGT) and inheritance tax (IHT). It will update you on the changes that have taken place in recent years and also review many cases, to demonstrate some of the practical problems that you may come across. Throughout, the emphasis of capital gains tax inheritance will be given to traps that can catch out the unwary.

The course will look at many ways for you to save your client tax; these generally involve having a good understanding of what are often detailed rules and, crucially, planning well in advance of a disposal or transfer.