Course description
Overview
This one-day course refreshes delegates on the fundamentals of income tax.
Topics will include: allowances, residence and domicile, property income, employment issues and some business tax issues
Who is this for?
This course will be relevant to those who have been outside practice for some time and would benefit from a reminder of the key principles and rules relating to income tax.
What will you learn?
- The main tax rates and allowances
- Charitable donations
- Pension contributions
- Residence and non-residence
- Property income
- Employed or self-employed - determining status
- Personal service companies and the IR35 rules
- Employment income, including benefits in kind
- Tax-efficient profit extraction from family companies
- Termination payments
- Key features of PAYE
- Income tax self-assessment
- The taxation of sole-traders, including:
- The Badges of Trade
- Adjustment to profits
- Capital allowances
- Basis periods on commencement and cessation
Do you work at this organisation and want to update this page?
Is there out-of-date information about your organisation or courses published here? Fill out this form to get in touch with us.
Upcoming start dates
Choose between 2 start dates
Outcome / Qualification etc.
Learning outcomes include obtaining a greater understanding of:
- The main tax rates and allowances
- Charitable donations
- Pension contributions
- Property income
- Employed or self-employed - determining status
- Personal service companies and managed service companies
- Employment income, including benefits
- Termination payments
- Arctic Systems case and potential income shifting rules
- Key features of PAYE
- Income tax self-assessment
- The taxation of sole-traders, including:
- The Badges of Trade
- Adjustment to profits
- Capital allowances
- Basis periods on commencement and cessation
"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."
Get Inspired! Watch the Video
Ads