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 implications of sales transactions, acting as an employer, and advising on the potential liability for tax by directors in the event of company failure. 

In this course we examine income tax and the personal tax regime, corporation tax and the corporate tax regime, responsibility and ranking of capital gains tax, as well as dealing with an insolvent employer.  We will also look at current tax issues in MVLs.

• What is tax: income tax, corporation tax and capital gains tax
• Overview of applicable tax rates, exemptions and allowances for individuals and companies
• Tax accounting periods and effect of personal and corporate insolvency on returns
• Pre-appointment and post-appointment liabilities: the need to tax plan
• Claims from HMRC: actual, assessed and determined
• Directors' personal liability to corporation tax and s455 tax on DLAs
• Current tax issues in MVLs
• Insolvent party as employer: know your responsibilities
• Hot topics

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

Half day course: £155 + VAT per delegate

If booked with VAT in Insolvency: £295 + VAT per delegate

50% reduction for third delegate booking