Somerset & Dorset CIOT Branch Tax Conference 17 Oct 2024: a promotion on behalf of the Chartered Institute of Taxation (CIOT).
Come down to an All Day Tax Conference on Thursday 17 October from 9.00 AM - 5.15 PM
- In-person at Taunton Rugby Club, Hyde Lane, Taunton TA2 8BU.
- Full day inc lunch £120 | Half day with lunch £80 | Half day without lunch £70.
Agenda
09:00 – 09:30 Morning Registration
09:30 – 11:00 Heather Britton - Topical Property Updates
- Furnished Holiday Lets – options open to FHL owners, focusing on changes to special FHL tax rules from April 2025
- Capital allowances – hot topics, opportunities, fixtures elections on sale
- Stamp Duty Land Tax – update on key issues for clients, mixed-use vs residential.
11:00 – 11:15 Refreshment break
11:15 – 12:45 Nichola Ross Martin – Selling the business
What have you got to sell? What does the buyer want? What did you wish you had known at the start?
Nichola's talk will review the typically different options for sale by a business owner from the perspective of sale to a third party, a Management Buy Out (MBO) or passing ownership down the family.
She then looks at all those 'why did I not think of that at the start-type issues?' to give you a really practical look at:
- Case studies
- Why did I not do that earlier?
- Key actions for business owners
- Top tips for advisers
- Sales and purchase agreements: what to expect, what to negotiate, taxing deferred consideration
12:45 – 14:00 Lunch
13:30 – 14:00 Afternoon registration
14:00 – 15:30 Kate Hardy and Liz Jones - Agricultural Update
- An update on the agricultural sectors
- Environmental schemes and tax considerations
- Tax update and budget thoughts/predictions
- Considerations for diversification
- Recent tax cases
15:30 – 15:45 Refreshment Break
15:45 – 17:15 Chris Thorpe – Trusts, implied trusts and proprietary estoppel…from an agricultural perspective
The course looks at the differences between express and implied trusts, as well as how trusts can be used in practice. This also takes a look at the equitable concept of proprietary estoppel and how this can interact with trusts and beneficial ownership for tax purposes.
Conference speakers
Nichola Ross Martin
Kate Hardy
Liz Jones
Chris Thorpe
