COURSE OBJECTIVES: This course, together with Comprehensive Introduction to Corporation Tax - Parts 2 & 3, will provide delegates with a comprehensive and detailed overview of the workings of corporation tax.
A very practical approach will be adopted with appropriate case studies to be undertaken. Computational aspects will be fully reviewed, together with reference to the underlying law.
COURSE CONTENT
- Introduction to corporation tax
- What is corporation tax?
- The 1 - 10 stages of calculating a company''s corporation tax liability
- Corporation tax computations
- Company residence, accounting periods and occasion of liability
- Completion of the corporation tax return
- The quarterly accounting system for income tax
- Converting accounts profits to adjusted trading profit; review of contentious items
- Detailed practical case studies relating to corporation tax computations and problem areas
- Corporation tax rates and liabilities, including small companies rate and calculation of marginal relief and new corporation tax rates
- Company loan interest
- Case studies
- Capital allowances - an introduction and a summary of the recent changes
- General overview
- How corporation tax works in practice
WHO SHOULD ATTEND
Part 1 is intended for newcomers to corporation tax, as well as those requiring a refresher on the basic principles. Those new to tax completely should consider attending Introduction to the UK Tax System before attending this course.
"Very entertaining - made tax fun!"
"Lecturer was excellent - real enthusiasm for the topic, set the right tone of questions at the right level and got everybody involved. Easily the best training I have attended."
"This was a fantastic introduction to corporation tax. Would strongly encourage others to attend."