Annual Update Conference 2021

This essential residential conference is an ideal opportunity for the general practitioner to keep up to date with a variety of topical issues. Covering key topics over six engaging sessions, it will support you in providing practical advice to your clients and gain 10 CPD hours.

This conference is 1.5 days starting on Thursday afternoon with half a day conference, including dinner and accommodation. Friday includes breakfast, lunch and the full day conference. 

We will continue to monitor the guidance around social distancing and group events. Don't worry, if you book a place and the event later needs to convert to virtual, this will still run on the original planned dates. Should this happen, we will get in touch to check you are happy to convert your booking and a reduction in price would be processed to exclude the meals and accommodation.

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Full conference agenda

This session will cover:

  • VAT registration and business disaggregation issues
  • Trading across international boundaries – what does this look like after Brexit?
    • Do I need an EU VAT registration or a fiscal representative?
    • B2B and B2C services
    • Trading in low value goods over the internet
  • Recent VAT cases
  • Making Tax Digital  - next steps?

This includes a round-up of topical tax developments including:

  • COVID support grants – what next ? – reporting and corrections
  • Practical administration update including trust registration service and 30- day property returns
  • Practical review of COVID losses - options including extended loss carry back with practical illustrations and how to claim
  • Working at home -tax relief
  • An alternative exit strategy – the Employee Ownership Trust

Brexit and COVID have triggered unprecedented changes for the world of work whether an individual is employed or running their own business. Some normally UK resident individuals have decided to undertake their work remotely outside the UK. Some have simply decided to ‘throw the towel in’ and sell and retire overseas. For others they have unexpectedly had to remain or return to the UK. It is critical to understand that these lifestyle changes can have important tax consequences for income, gains and other capital transactions such as IHT planning.

This session considers the tax status position and the consequences for those leaving and coming to the UK. The main emphasis will be on the application of the rules to specific practical scenarios. Content to include:

  • A refresher of Statutory Residence procedure and key tests
  • Worked examples of UK leavers including split year basis
  • Worked examples for UK arrivals
  • Capital tax considerations

This session will update delegates on recent and forthcoming changes in auditing and financial reporting.

The session will include the following topics:

  • Post-Brexit issues for accounts and audit
  • COVID-19: emerging issues for accounts and audit
  • Recent changes to UK GAAP including rent concessions
  • Future development of FRSs 102 and 105
  • IFRS changes for 2021 and the UK Endorsement Board
  • The BEIS consultation on the future of audit
  • Feedback from audit regulators (FRC and QAD)
  • Recently revised ISAs (UK): 540, 570, 315 and 240
  • Irregularities and the audit report
  • The newly-issued Quality Management suite for auditors
  • Audits of Less Complex Entities

This session will cover a review of the key tax planning ideas and problem areas for owner managed businesses.

The recent pandemic has given us all an opportunity to reflect on our lives, both within work and personally. It’s important that we are regularly checking in with our teams to appreciate their personal motivation drivers. These drivers are constantly evolving and therefore the modern practice has to evolve with them, if it is to stay proactive and progressive with a motivated and productive workforce. Your team is made up of diverse characters, all with different personalities and values from different backgrounds and age profiles but together, join forces to produce something brilliant!

During this interactive session, Michael will discuss the importance of having a happy, motivated team and help you explore some motivation techniques which you can apply in the workplace.

One Day Conference