Private Client Taxation Conference 2021

7 December 2021 – Live Online Event

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Programme

Session titles and timings are still subject to change

09:00

Welcome

Dave Wright

09:05

Chair's Introduction

Chris Erwood – Chair

09:10

IHT Update

Rebecca Sheldon

  • New developments
  • Impact on clients
  • Practical tips
09:55

APR/BPR Planning

Chris Erwood

  • Quick reminder of rules
  • Companies and excepted assets
  • Tax cases – what they tell us
  • Problem areas – FHLs/diversification/retirement/farmhouse/investment activities
  • Quick fixes v long term solutions
  • Use of Trusts/Will planning
10:40

Coffee Break

11:00

Family Investment Companies

Deborah Clark, Mills & Reeve LLP

  • Overview of FiCs
  • The differences between FiCs & Trusts
  • Advantages & disadvantages of a FiC
  • Treatment of FiC in family breakdown
11:45

HMRC: Back to Business

Karmjit Kaur Mader, BDO LLP

Jennifer Jones, BDO

  • Update on HMRC compliance activity
  • HMRC’s ongoing offshore focus
  • Crypto assets – don’t get caught out!
  • Penalties – key considerations and implications
12:30

Lunch Break

13:30

CGT case studies in recent transactions

Peter Rayney, Peter Rayney Tax

  • Common traps with BADR on liquidations and associated disposal relief – case study
  • Recent difficulties with earn-out transactions – case study
  • CGT considerations on incorporating a trading partnership – case study
14:15

UK Trusts

Richard Bull, Crowe UK

  • Recap of the basics
  • Planning with trusts covering; Property, OMBs, Children & Personal investments
  • The Trust Registration Scheme
15:00

Tea Break

15:20

Statutory Residence Update

Peter Vaines, Field Court Tax Chambers

  • Issues arising in practice
  • Particular problem areas
  • Exceptional days
  • Effect of the Coronavirus
  • Traps to see and avoid
16:05

Chair's Closing Overview

Chris Erwood – Chair