Course description
This introductory level live broadcast session will help you review the options available to the owner manager client for tax efficient extraction of profits from a business during its life and then on sale of the business or on succession. The objective is to consider the main methods of profit extraction and to provide you with a framework within which to analyse the options available to your clients.
Presented by the highly regarded expert Russell Cockburn, the session is aimed at those giving advice to clients who are looking to sell or pass on their business in the medium term future and who will need tax planning advice about the issues arising. Join Russell in our virtual classroom as he discusses income tax and NIC planning, CGT and IHT planning, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This introductory level live broadcast session will help you review the options available to the owner manager client for tax efficient extraction of profits from a business during its life and then on sale of the business or on succession. The objective is to consider the main methods of profit extraction and to provide you with a framework within which to analyse the options available to your clients.
The session is aimed at those giving advice to clients who are looking to sell or pass on their business in the medium term future and who will need tax planning advice about the issues arising.
What You Will Learn
This live and interactive session will cover the following:
- Income Tax and NIC planning:
- Review of the current options available
- Risks and opportunities likely to arise
- Consideration of HMRC attitudes to tax planning strategies
- Capital Gains Tax Planning
- Preparing for a sale
- Maximising entrepreneurs' relief
- Using hold-over relief
- Using roll-over relief
- Inheritance Tax Planning
- Review of the main occasions of charge
- Optimising the main reliefs
- Tax effective investment after sale
- Other Issues
- Cessation and succession planning
- Possible uses of trusts in planning strategies
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...