Practical Tax Planning - Creating & Writing Tax Planning Reports

Introduction

This seminar will provide you with a useful guide to writing tax planning reports for clients.

It will identify the main contents and objectives of such reports and outline the key principles to be considered and cover the pitfalls to beware of.

It is suitable for anyone who gets involved in providing written advice to clients about their tax affairs and in particular tax staff and partners who give advice in detailed tax planning reports. If this is part of your job, you need to attend this seminar to ensure that you are giving your advice in a simple and comprehensive way.

Presented by expert speaker Russell Cockburn, this practical seminar will include case studies, roundtable discussions, and lots of interaction and is based on the following real-life examples:

• Selling a family business
• IHT and will planning for a valuable estate
• Maximising capital allowances on a property project
• Mitigating tax liabilities on an owner-managed business
• Leaving the UK to become non-resident

What You Will Learn

This course will cover the following:

• How to identify who the report should be aimed at and the main areas
• Spotting what to use as the objectives of the report
• How to summarise key contents identification
• Explaining the key taxes to be covered
• Identifying the key transactions
• Explaining benefits to the clients
• How to keep it understandable but comprehensive
• Identifying the main risk areas - how to prevent mistakes in a report
• Implications of recent developments in case law, HMRC Statements of Practice and Finance Act changes
• Explaining reliefs and tax liabilities