Course description
This two-part live broadcast session examines a range of income tax, CGT and IHT planning opportunities for UK trusts and their beneficiaries.
Topics to be discussed include the interest in possession trusts, mandated trust income, and settlor-interested trusts. IHT and FA 2006 will be explored in detail, along with accumulation and maintenance trusts, discretionary trusts, and matrimonial settlements.
Important trust case studies will be examined to unravel the detailed number crunching, and presenter Robert Jamieson will explore whether it’s the end of the road for pilot trusts.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This newly updated virtual classroom seminar, which includes seven case studies, examines a range of income tax, CGT and IHT planning opportunities for UK-based trusts and their beneficiaries.
Attention is focused on the post-FA 2006 regime and on the anti-avoidance legislation in F(No2)A 2015 which seeks - unsuccessfully - to stop the IHT advantages of multiple pilot trusts.
The tax treatment of dividends received by discretionary trusts following the changes brought in by FA 2016 is also considered.
The session is suitable for practitioners who advise UK-resident individuals and their trusts on personal tax matters.
What You Will Learn
- Introduction
- Interest in possession trusts
- Mandated trust income
- Inheritance tax and FA 2006
- Settlor-interested trusts
- Accumulation and maintenance trusts
- Discretionary trusts
- Capital gains tax and inheritance tax
- The end of the road for pilot trusts?
- Accumulations of income and FA 2014
- Matrimonial settlements - are they affected by FA 2006?
- Excluded property trusts
- Other tax planning ideas
- Exploiting the limits of S67 IHTA 1984
- Case studies
Expenses
MBL Seminars Limited
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