Sharpen Your Tax Skills 2021 online

Live virtual mastercourses taking place on 6 December

Stay ahead of the latest tax changes with expert help

Following the resounding success of 2020, Sharpen Your Tax Skills is back to deliver an in-depth analysis on recent and upcoming tax changes, helmed once again by expert Michael Steed. In this virtual training, Michael and team will cover the essential tax updates you need to confidently advise your clients, deliver a comprehensive overview of recent regulation changes and answer your burning questions on all things tax. 

Navigate complex tax issues with ease

Navigate complex tax issues with ease

It can be hard to keep up with the fast pace of change in the industry. As a finance professional it’s essential that you continue to provide relevant informed advice on all areas of tax, as well as understanding the effect new developments will have on you, your clients and your business. Keep yourself informed, up to date and confident with this mastercourse in tax.

Limited places available

Stay on top of the latest tax changes

Still not sure whether you should attend? Why not listen to our tax expert Michael Steed to help you decide.

Live session programme

The live training will be split into three 90-minute interactive sessions.

Owner managed businesses (OMBs) – 9.30 to 11.00

End of life issues for businesses

  • Business Asset Disposal Relief (BADR) – material v associated disposals, personal company and the Finance Act 2019 elections, "officer or employee", use of the EMI to motivate key employees
  • Sales – earn outs (Marren v Ingles logic)
  • Winding up – SD01 v MVL, TAAR
  • Gifts relief to family members, including holdover elections
  • Selling a company – use of a hive down, use of a dormant company (M group Holdings logic)
  • Employee Ownership Trust (EOT) as a tax-efficient alternative
  • Investors relief on further investments after the sale?  

Capital versus revenue

  • Steadfast and Pratt cases
  • Capitalisation thresholds
  • Function v setting
  • Annual Investment Allowance (AIA)
  • Writing Down Allowance (WDA)
  • Structures and Buildings Allowance (SBA)
  • Cars and vans
  • Shelters, huts, containers and pods
  • Purchase of commercial buildings

Other OMB issues, including alphabet shares, dividends and dividend waivers

More OMB, employment taxes and Covid-19 – 11.30 to 13.00

Can I get a deduction for...

  • A selection of common client questions

Travel and subsistence

  • Where are we now?
  • The Hamish Taylor case
  • The Noel White case

Employment taxes round-up

  • Latest on Professional Game Match Officials Limited (PGMOL)
  • IR35 Off-Payroll Working (OPW) rules – Gary Lineker, Kay Adams – are they still relevant for residual IR35?
  • Cars v vans – the interaction between VAT and Capital Allowance, benefits in kind (available or not – Statutory Off Road Notification (SORNS) and Covid)
  • Other benefits in kind, including computers used by children for home schooling

Covid-19 current issues

  • A quick review of how these are taxed
  • HMRC investigations and overpayments

Working from home and how hybrid working fits into the existing rules

  • Unincorporated v incorporated businesses
  • Is your home now a permanent workplace post-Covid?

Other tax areas – 14.00 to 15.30

Sage/HMRC Making Tax Digital_ getting ahead of the curve (45-minute session)

 

Personal tax issues

  • Residence and domicile
  • Coming to the UK to live and work
  • Leaving the UK

Capital taxes

  • Recent Private Residence Relief (PPR) case (Phillips and Core cases)
  • Lifetime gifts and how they are taxed for Capital Gains Tax and Inheritance Tax
  • Using the powerful spousal exemptions for Capital Gains Tax and Inheritance Tax

Property taxes – a few issues to think about

  • Taxation of overseas properties – loss set-off, double tax relief (DTR)
  • RDIR v Cas
  • Inheritance Tax reliefs­­­­­

On-demand sessions

On-demand sessions

Each on-demand session is 30 minutes long.

  • Session 1: Corporation Tax
  • Session 2: VAT issues (non-Brexit and Brexit VAT)
  • Session 3: UK Property Reporting – a review of this important area

Watch the on-demand sessions before you attend the live training to get the most out of your experience.

Competitive discounts

Competitive discounts

AAT members are entitled to exclusive discounted prices on Sharpen Your Tax Skills 2021.

  • AAT fellow members (FMAAT): £160
  • AAT bookkeeping (AATQB) and full members (MAAT): £185
  • AAT students and affiliate members: £185
  • Non-members: £255

Meet the speakers

Michael Steed MA (Cantab), MAAT, CTA (Fellow), ATT (Fellow), Head of Tax, BPP Professional Development and experienced tax consultant and lecturer

"Learning about tax should be fun and interactive."

Michael Steed is a Chartered Tax Adviser and is a member of the AAT and the ATT. He specialises in tax and tax education. He has been in professional practice for more than 30 years advising clients on a wide range of accounting and tax issues, both in the UK and overseas. He is a past President of ATT and is the current co-chairman of the ATT’s Tax Technical Steering Group. Michael has just joined AAT Council.

Michael is a regular speaker at professional conferences. He writes for several magazines, including Tax Adviser and Accounting Technician. He also thinks that learning about tax should be fun and interactive.

Michael Steed

Emma Rawson BSc, DPhil (Oxon) FCA, CTA, ATT, Technical Officer Association of Taxation Technicians (ATT)

Emma is a Technical Officer with the Association of Taxation Technicians (ATT) and has a specific focus on business taxation. Her role involves responding to consultations, commenting on draft legislation and representing the ATT at HMRC and Treasury meetings. She also writes articles for various publications, frequently presents on tax technical issues and has appeared on the radio on several occasions to discuss tax issues.

Emma started her tax career in the Big 4, and also spent a short time working in a specialist consultancy firm providing advice to other practitioners before joining the ATT in 2017.

Emma Rawson

Will Silsby BA, CTA, ATT, ATT Technical Officer Association of Taxation Technicians (ATT)

Will served as an HM Inspector of Taxes for six years from 1972 before working in professional firms including Arthur Andersen, PKF and Bishop Fleming for the next 35 years.

Since 2012, he has been an ATT Technical Officer “a brilliant job for a tax nerd”. Will’s main areas of interest have always been Owner Managed Businesses, Management of Taxes and HMRC Enquiries.

Until 2016, Will edited CCH’s Practical Enquiries Manual and until 2018, he sat as a fee-paid member of the First Tier Tax Tribunal, hearing appeals against HMRC decisions.

Will represents the ATT on various HMRC bodies including the Charter Stakeholder Group, the Powers and Safeguards Evaluation Forum, Compliance Reform Forum and Dispute Resolution Sub-Group.

Will Silsby

Helen Thornley MA (Cantab) FCA, CTA, ATT, TEP Technical Officer Association of Taxation Technicians (ATT)

Helen is a technical officer with the Association of Taxation Technicians (ATT). Working with members and volunteers, her role involves responding to consultations, commenting on draft legislation and representing the ATT at meetings with the UK tax authorities and Scottish Government.

Before joining the ATT in 2017, Helen worked in practice in the North of England advising family businesses and high net worth individuals. Helen also has an interest in historical taxes and has recently published a paper on the Women’s Tax Resistance League 1908-1918. The League campaigned for women’s voting rights under the slogan, No Vote, No Tax!

Helen Thornley

Event sponsor - Sage speaker: Chris Downing, Director for Accountants and Bookkeepers, Sage

Chris joined Sage having been a partner at a top 100 accountancy firm. He brings nearly 20 years of hands on experience and strategic insight of the profession, coupled with an infectious enthusiasm in the adoption of technology and Business Intelligence to improve reporting and drive innovation in the SME sector.