Technical Short: s455 Tax in Insolvency

As IPs we need to understand the UK tax regime within which companies and individuals operate and pay tax, so that at the very least, we can deal with claims from HMRC in a formal insolvency. We also need to have an understanding of the tax circumstances giving rise to claims on insolvency and tax reclaims on appointment.  

The tax hot topic now is s455 tax, and so in this webinar, we look in detail at the rationale for s455 tax, when it is paid, how it can be avoided, and when and how we account to HMRC as office holders.  Join us for this Technical Short on demystifying all things s455!

*Please note that this webinar replaces the advertised session on the Moveable Transactions (Scotland) Act 2023, which is yet to come into effect. 
Please keep an eye on our website for the revised date.

• What is s455 tax and why does it exist
• When is s455 tax payable – current rates
• What is an overdrawn director’s loan and how is it calculated
• How to avoid s455 tax
• When is s455 tax refundable
• S455 tax in solvent and insolvent liquidation
• HMRC guidance for IPs

This course is aimed at licensed Insolvency Practitioners and their staff throughout the UK looking for a comprehensive introduction or an update on s455 tax issues in insolvency.

£55 + VAT per person.

50% reduction for every third one hour session you book.

Webinar fee includes electronic version of course documentation.

Team Booking Discount 

 5-10 team members - £200 + VAT
11-25 team members - £375 + VAT
26-50 team members - £500 + VAT
50+ price on application

If you are looking to make a team booking, please email courses@insolvencysupportservices.com

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