Tax Update - Practical and Current Issues for OMBs

Course outline:

The course provides a review of the tax planning ideas and problem areas for owner managed businesses.

Content

Incorporation - particular issues

Extraction of profits from companies  

Utilising the family’s tax bands and allowances            

Loans and equity finance provided to a company         

Loans from the company to participators         

Business Asset Disposal Relief              

Companies, cash storage and liquidations      

Maintaining conditions for Business Property Relief