Anti-Money Laundering (AML) Update & IHT Essential Planning tax update 2023: three hours of verified CPD
Keeping up to date with your tax know-how and inspiring you by introducing some new topics.
We are combining detailed case studies with tax updates for business owners and new start-ups.
Two new workouts added in July 2023:
Inheritance Tax (IHT) Planning for Families
- The freeze on IHT rates, reliefs and thresholds is ensuring that more estates than ever are paying IHT.
- IHT has long been known as the type of tax that you can avoid altogether if you are able to plan ahead.
- Is this a myth? What are the real-life options for the smaller estate?
- This IHT Workout works through two sets of case studies to unpack:
- Maximising Nil Rate Bands: exploring the interactions of the different nil rate bands
- A Family Investment Company: great planning idea or not?
- With links to downloadable examples and briefing
Know your firm, know your clients: Anti-Money Laundering with Case Study and 2023 Update
- The Government's National Research concludes that accountancy services are at a high risk exploited or abused by criminals when the accountant doesn’t fully understand the money laundering risks and does not implement appropriate risk-based controls.
- The type of services considered most at risk of exploitation include company formation and termination, accounting; and payroll.
- Accountancy is not the only high-risk industry, finance, crypto, legal, property, money lending, casino and high-value dealers are all at risk of exploitation.
- This workshop covers
- What's New in terms of the rules
- An update on sanctions
- Case study & walk through the AML compliance routine
- Firm-wide assessment: how to benchmark your practice
- Common mistakes and workarounds
- Persons of Significant Control: HMRC's new measures
- Annual Updates to the Register of Overseas Entities
- Other disclosures and compliance
- When to make a SAR
Buy these two as a package watch at your desk now!
Once you purchase you will be sent links to watch these two workouts & notes to the IHT case studies to accompany. Running time, including reading notes is about 3 hours.
