Income tax refresher and update

Member price: £361 + VAT

Non-member price: £425 + VAT

Timing: 9.30am-4.30pm

Overview

This one-day course refreshes delegates on the fundamentals of income tax, including allowances, residence and domicile, property income, employment issues and some business tax issues.

Examples are used to demonstrate typical income tax issues, and planning possibilities are discussed throughout.

Who should attend

This course will be relevant to those who have been outside practice for some time and would benefit from a reminder of the key principles and rules relating to income tax.

What you will learn

• The main tax rates and allowances
• Charitable donations
• Pension contributions
• Residence and non-residence
• Property income
• Employed or self-employed - determining status
• Personal service companies and the IR35 rules
• Employment income, including benefits in kind
• Tax-efficient profit extraction from family companies
• Termination payments
• Key features of PAYE
• Income tax self-assessment
• The taxation of sole-traders, including:
  • The Badges of Trade
  • Adjustment to profits
  • Capital allowances
  • Basis periods on commencement and cessation

Questions?

BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com