COURSE OBJECTIVES: This course explores the different types of taxes and the action to consider for high earning and high net worth individuals. It will focus on the practical action that can be undertaken to minimise income tax, capital gains tax and inheritance tax.
COURSE CONTENT
Income Tax
- Creating a tax efficient family
- Tax reliefs, shelters and investment planning
- Charitable donations
- Foreign income
- Domicile rules
The Employee
- Strategy, pensions and benefits planning
- Taxable benefits
- Remuneration
- Efficient use of share incentive schemes
- Compensation and termination payments
- Overseas duties and contracts, foreign nationals coming to the UK
Capital Gains Tax
- Residence, leaving and coming to the UK
- The family home
- Annual exemption, ownership of assets, capital losses
- Entrepreneur''s relief
- Rollover and holdover reliefs
The Family Company, LLPs
- Incorporation - is a company still the right vehicle for your business
- LLPs
- Disposal and succession planning
- Extracting funds
Inheritance Tax
- Planning steps/strategies
- Recent developments and topical issues
- Will planning
- Main exemptions and reliefs
WHO SHOULD ATTEND
This course is for those who want an overview of the issues and practical tips of what steps might be taken for high net worth individuals.
"Easy going manner of presenting was good for the topic and encouraged useful discussion."
Would you like this course run in-house? Call us on 0207 566 8207 to find out more