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Finance, Accounting & Tax

Principles of Tax

Course details

CPD Points

7

Cost

£325

Length

Full day (09:00-17:00)

Course Overview

This course aims to provide those working in trust and banking with a greater understanding of tax regulation.

Course Content

Individuals:

  • Income tax
  • National insurance
  • Capital gains
  • Inheritance tax
  • VAT
  • Other taxes

Domicile and Residence:

  • Residence
  • Becoming non-resident
  • Domicile
  • Non-UK domiciled
  • Implications
  • Recent changes

Trust:

  • Basics of trusts
  • Tax liability
  • Finance Act 2008
  • 10 year charge

Companies:

  • Corporation tax
  • UK companies
  • Zero-10 (Guernsey / Jersey / IOM)
  • Offshore non-resident companies
  • Permanent establishments
  • Capital gains
  • Administration

Course Benefits

Experience has taught course trainer, Will Morgan, that Trust Officers often do not understand the taxation drivers behind their client structures and transactions. Therefore, this course will focus on providing a greater understanding of the tax environment.

In attending this course, you will gain an understanding of:

  • Tax domicile
  • Capital gains tax, income tax , inheritance tax
  • What is 10 year charge
  • What are ATED, NRL, SDLT
  • Transfer pricing
  • Basic offshore tax planning
  • Round up – utilising knowledge to identify risk

The workshop will:

  • Focus on practical tax awareness for those in the fiduciary industry to mitigate risk
  • Understand the fundamentals of domicile, residence, gains, income and transfer pricing

Use a number of potential tax-related scenarios to demonstrate when further guidance will be required.

Next Steps

If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 721555.

If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.

Course Tutor

  • Will Morgan

    Will Morgan is an award-winning tutor, a qualified accountant and consultant working with clients in Guernsey, Jersey, Dublin and the UK. Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries.

    Will is an experienced trainer with exceptional practical knowledge of accounting standards. Will’s training has been adapted over the years based on the work he has undertaken in the Channel Islands, understanding the practical skills that professionals need, rather than theoretical concepts. His classes are highly interactive; sometimes amusing and always engaging.

Upcoming Courses

Some courses we run are scheduled based on demand. Please ensure you register your interest to ensure we know which courses you would like to attend.