Tax Planning Myths Debunked - The Good, The Bad & The Ugly!

Introduction

This virtual classroom seminar looks at the current state of Tax Planning. The Good is where tax planning works and gives pointers as to how to succeed in this area. The Bad occurs where the tax planning is defeated in the courts. The session goes through recent cases on this. The Ugly is where not only does the tax planning not work but the consequences for the taxpayers are worse than just the loss of tax, interest and penalties.

It look at some of the activities of promoters of tax avoidance schemes which might be funny if the consequences were not so serious.

Additionally, ‘What if we just…’ is often the phrase that busy practitioners dread hearing.

This fast paced and entertaining virtual classroom session will explore the ‘innovative’ client suggestions on saving tax and debunk the myths surrounding them.

What You Will Learn

This virtual classroom session will cover the following:

• Owning Property
• Joint ownership and distribution of profits
• Replacing furniture
• Disposing of Assets CGT/IHT Free
• Moving abroad
• Between spouses
• Particular assets including wine and luxury watches
• General Anti Abuse Rule
• Paying Employees
• Alternatives to cash
• National insurance ideas
• Employment abroad
• Paying family

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.