Whole of Life Tax Planning

Course outline:

What are the course aims and objectives?

This course is designed as both a refresher and an update on family tax planning opportunities.  It will consider the relevant taxes affecting individuals in their personal and business transactions at various lifecycle stages so that these are handled in a tax-efficient manner.
The course content will include:

• Family income tax planning – pitfalls and opportunities including extraction of profits
• The family home
  • IHT Residence Nil Rate Band  and other IHT – problem areas
  • CGT main residence – problem areas
• Succession and exits from the family business - securing reliefs and avoiding problems
• Pensions and Tax – looking at the lifecycle including new IHT developments
• Family Investment Companies v Trusts

CPD Hours: 3