Webinar Agendas

Webinar 1 | 21 March 2024

Tax budget update | Craig Hughes
9:30am - 10:30am

Join Craig Hughes for a Tax Budget Update webinar where Craig will break down the newest developments that could impact your financial strategy.

Interesting employment tax cases in the last 12 months for IFA members | Justine Riccomini
10:45am - 11:45am

Join Justine for a canter through a selection of employment tax cases from the last 12 months which concern themselves with common areas of employment tax that trip employers up. Delegates will learn about the subject of the dispute and the outcome, and how the judiciary came to its decision. Employment tax is complex and it is always wise to keep up to date with what is happening in the courts and how well – or badly – HMRC’s interpretation of the legislation is serving them.

Session agenda:

  • Case overviews with main points covered
  • Decisions with reasons · Outcomes for taxpayers
  • Discussion of main technical points
  • Explanation of current state of play with legislation
  • Explanation of HMRC’s viewpoint

Webinar 2 | 28 March 2024

R&D Tax Relief – the changing landscape | Romane Reeves
9:30am - 10:30am

The recent, and upcoming, changes to the R&D tax relief regime are the most significant changes to be applied to the regime since its inception in 2000. 

This workshop explores the detail of the changes, the impact on business claiming the reliefs, and the rationale for these being introduced by HMRC. 

From a small business perspective, R&D tax relief remains a valuable relief to seek to stimulate UK investment and therefore it is important to be aware of the changes to the R&D regimes and their impact on the benefits available. 

Session agenda:

  • Current rates and allowances
  • Background to the new ‘Merged’ R&D regime
  • Background to R&D regime for Intensive SMEs
  • HMRC compliance activity and new / upcoming compliance requirements
  • Opportunities for practitioners and their clients and SME businesses

Who is this presentation/workshop for?

The presentation / workshop will be best suited to accountants and businesses who would like a refresher of the current R&D provisions / rates and the upcoming changes to the regime.  There is no requirement to have good working knowledge, particularly in respect of the changes to the regime given their prospective nature.

CoP 8 and Cop 9 – what’s the difference? | Paul Malin
10:45am - 11:45am

In a world of abbreviations and acronyms, it can be confusing to understand what exactly HMRC are concerned about and why their challenge is what it is.

Taxpayers turn to their professional adviser expecting them to know the differences. And yet HMRC can struggle to operate the correct Code of Practice (CoP) in a given situation.

In this session, we explore:

  • The key differences between CoP8 and CoP9
  • Who decides which CoP is issued?
  • Blurring the difference between tax avoidance and evasion
  • Can CoP8 escalate to CoP9 and vice versa?
  • Is the format of the response to HMRC the same?

Session agenda:

  • What sort of funds do tax investigations under CoP 8 and CoP 9 bring in each year?
  • What is CoP 8?
  • What is CoP 9?
  • Commonalities
  • Blurring the difference between tax avoidance and evasion
  • When does CoP 8 apply?
  • When does CoP 9 apply?
  • The Contractual Disclosure Facility (the CDF)
  • Is the format of the response to HMRC the same?

Webinar 3 | 4 April 2024

Basis Period Reform | Ryan Conlon
9:30am - 10:30am

From 2024/25 onwards, self-employed and partnership businesses will be taxed on a tax year rather than “basis period” basis. As a result of the change, sole traders and partners may suffer greater tax on profits in the tax years 2023/24 through to 2027/28, together with further potential tax implications other sources of income and the operation of reliefs.

Session agenda:

  • The new position from 2024/25 onwards
  • The 2023/24 transitional year
  • Spreading relief
  • Overlap relief
  • Provisional returns
  • Changes of accounting date

Which way is the exit? Tips for taking the tax pain out of selling your business | Paul Brown
10:45am - 11:45am

Exiting their business is likely to be the single biggest transaction an owner-manager will ever undertake. Proper tax planning is critical to ensuring that the hard work in creating value is lost into the pockets of HMRC. A well planned exit can be highly tax efficient – while poor planning can leave a big hole in what the seller ends up with in their bank account. This session will discuss the need for careful planning well in advance of a sale, the possible exit routes for the owner and how tax is a vital factor throughout the process and beyond.

Session agenda:

  • Preparing for the deal
  • Pre-sale structuring
  • Types of deal – trade sale, private equity, management buy out and Employee Ownership Trust
  • The structure of the deal – tax treatment of different types of consideration
  • Where it can go right – and wrong!
  • Tax and life after the deal