Professional Training

UK Taxation of Groups

BPP Professional Education, In London (+1 locations)
Length
1 day
Price
700 GBP
Next course start
25 September, 2024 (+2 start dates)
Course delivery
Self-Paced Online
Length
1 day
Price
700 GBP
Next course start
25 September, 2024 (+2 start dates)
Course delivery
Self-Paced Online

Course description

Overview

The course shows how UK direct tax law applies to groups of companies, whether small family-owned groups or large public companies. It assumes an understanding of the basics of corporation tax which can be obtained by attending the Corporation Tax Refresher and Update course.

The course begins by reviewing how the associated company rules affect the rate of corporation tax paid by group companies, and how they are affected by self assessment (including group tax payments). After dealing with capital allowance issues for groups, the course looks in detail at the key topic of group and consortium structures and the availability of group relief for losses. The capital gains advantages of group structures are also dealt with, together with the substantial shareholding exemption and also the pitfalls which can be encountered when purchasing companies with capital losses. Finally, the course covers the tax implications of various group transactions, such as the purchase and sale of subsidiaries, reconstructions within groups, and de-mergers.

Who is this for?

This course will be of benefit to accountants and advisers working with groups of companies and involved with managing and planning their affairs.

What will you learn?

  • Corporation tax rates and the effect of associated companies
  • Groups and self assessment, including group tax payments
  • Capital allowances in groups including anti avoidance legislation
  • Group structures and group relief for losses
  • The interaction between UK group relief and EU law
  • Consortium structures and the availability of loss relief
  • Group chargeable gains and losses
  • Purchases and sales of subsidiaries
  • Disposals of group companies and reconstructions within groups
  • Demergers
  • An overview of recent changes to foreign dividends and foreign branches

PSC Elective

This course may be taken as a PSC elective, although it may also be attended by non-trainees.

SRA Competence

B


Other related courses

Corporation Tax Refresher & Update

Essential Tax Update for the Accountant in Practice or Employment

Income Tax Refresher & Update

International VAT & Customs Duties after Brexit– an update

Payroll Refresher & Update

VAT Refresher & Update

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

25 September, 2024

  • Self-Paced Online
  • Online

19 December, 2024

  • Self-Paced Online
  • Online

Suitability - Who should attend?

This course will be of benefit to accountants and advisers working with groups of companies and involved with managing and planning their affairs.

Training Course Content

Learning outcomes include a greater understanding of:Corporation tax rates and the effect of associated companiesGroups and self assessment, including group tax paymentsCapital allowances in groups including anti avoidance legislationGroup structures and group relief for lossesThe interaction between UK group relief and EU lawConsortium structures and the availability of loss reliefGroup chargeable gains and lossesPurchases and sales of subsidiariesDisposals of group companies and reconstructions within groupsDemergersAn overview of recent changes to foreign dividends and foreign branches

Get Inspired! Watch the Video

Ads