Inheritance tax planning - businesses, farms and family home

Event type: Mastercourse

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Date Location Price  
11 July 2012 - 09:30 Manchester Price: GBP 599.00
Members: £539.00
Corporate discount scheme: £415.00
1 November 2012 - 09:30 London Price: GBP 599.00
Members: £539.00
Corporate discount scheme: £415.00
+ VAT on all prices

Who will benefit

Accountants who advise on reducing the impact of inheritance tax.

What you can gain

  • A review of recent IHT developments which have an impact on planning, such as the transferable nil rate band and the 2006 changes to the taxation of trusts.
  • Insight into how to maximise IHT reliefs and exemptions.
  • An overview of the operation of agricultural property relief and business property relief.
  • An examination of areas which have proved difficult in practice, such as APR on farmhouses, the interaction of APR and BPR and the use of holding companies, considered in the light of recent decisions in the courts.
  • An insight into how to obtain and then retain entitlement to the generous reliefs available to business and farm owners.
  • An overview of planning for main residences, buy to lets and furnished holiday lettings.
  • A review of will planning techniques and the impact of domicile.

Speaker Details

The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will relate the course content to real life case studies.

Outline

  • the structure of IHT and its main reliefs and exemptions
  • planning to obtain the full benefit of the transferrable nil rate band
  • minimising the benefits of reliefs and exemptions
  • the use of trusts in tax planning after the Finance Act 2006 changes
  • the operation of business and agricultural property relief
  • contentious aspects of APR on farmhouses
  • the effect of farm diversification and the interaction of APR and BPR
  • planning to obtain or preserve the benefit of APR and BPR
  • structuring family companies to ensure BPR is maximised
  • planning for houses and the effect of anti avoidance legislation
  • will planning
  • the effect of domicile on IHT planning.

The course starts at 9.30am, with registration and coffee from 9.00am, and ends at 4.30pm. Lunch and refreshments are provided.

5.5 CPD hours (where applicable)

Prerequisites

Knowledge of the basics of inheritance tax, which can be obtained from Inheritance tax refresher and update.

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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