Tax Planning for SMEs - An Update for Accountants & Tax Advisors

Introduction

Although there are many favourable tax breaks for the owner-managed business, there has never been a time when practitioners have had to tread more carefully in giving advice to such clients.

This course provides a current perspective on appropriate planning techniques as well as pitfalls.

This course is suitable for all professional staff in general practice.

What You Will Learn

This course will cover the following:

• A settlement case on dividend waivers
• The dilemma of incorporating a property letting business
• Loans to participators
• Spotlight 47
• Entrepreneurs' relief or business asset disposal relief?
• Meaning of 'issued share capital'
• Deathbed planning - rights issues
• Buy and sell agreements
• Corporate intangible fixed assets - a targeted relief for goodwill
• Appendix: residential rental property portfolios - a serious issue