COURSE OBJECTIVES: Part 2 covers large companies and more detailed corporation tax rules. This is a standalone course providing a review of the tax regime for larger UK companies and groups including worked examples of corporation tax calculations. The course will assume attendance on Part 1 although that is not essential for someone looking for a refresher on these aspects of Corporation Tax.
COURSE CONTENT
Introduction to group taxation
- Loss relief – trade and non-trade
- Expenses reliefs
- Management expenses
- Rental income losses
- Capital Gains and losses
Financial income aspects
- Loan relationships
- Charges on income
- The new foreign profits exemption
- Double taxation relief
- Foreign exchange transactions
Specific reliefs and avoidance provisions
- Transfers of trade and loss relief rules
- Capital gain rules and planning aspects
- Capital loss relief rules and planning aspects
- The substantial Shareholdings exemption
- Controlled Foreign Companies
- Corporate Venturing Reliefs
- The Construction industry scheme - introduction
Recent developments and changes to the CT regime
Press Releases, Statements of Practice and Case law developments
WHO SHOULD ATTEND
Part 2 is intended for newcomers to corporation tax in larger companies and groups, as well as those requiring a refresher on some of the more complex issues.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more