The speed of change in insolvency statute is matched by the speed of change in tax legislation. As IPs, we need to understand the tax regime of an industry, tax implications of continued trading and how we structure any sale of the business in a tax efficient manner. With HMRC active in recoveries, and with new collection processes at their disposal, we will look at when we can challenge claims from HMRC.
In this course, we examine income tax and corporation tax, responsibility and ranking of capital gains tax, and dealing with an insolvent employer. We will also look at tax issues in MVLs and s110 arrangements.
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
50% discount for third delegate booking
"I liked the interactive and conversional aspect of the course"
The long awaited Scottish corporate insolvency rules finally came into effect on 6 April 2019, heralding a modernisation of process and language, and radically altering the way that we communicate with creditors. As always with substantive new legislation, it’s only after it is in force for a while, that issues arise, or interpretations vary.More Information
Meet your annual AML training obligation with the ISS online Anti-Money Laundering Update.More Information
The bulk of your work will be appointments under English jurisdiction, the UK Insolvency Act and the English Insolvency Rules. There is no geographic restriction on where your appointments are located however, so when a Scottish appointment hits your desk, are you fully up to speed with the Scottish Rules and the legal differences north of the Border?More Information
The rescue procedure of choice, administration gives us a ﬂexible option to a myriad of business recovery situations.More Information
CVAs are designed as a solution for resolving a company’s cash ﬂow issues, or de-leveraging a debt-heavy but viable business. But what are the underlying factors that make them successful, and what do you need to consider before starting the statutory process?More Information
The bulk of your work will be appointments under Scottish jurisdiction, the UK Insolvency Act and the Scottish Insolvency Rules. There is no geographic restriction on where your appointments are located however, so when an English appointment hits your desk, are you fully up to speed with the English Rules and the legal differences south of the Border?More Information
As IPs running our own business, we need to keep up to date with the implications of the VAT regime. It’s equally important that we bring our expertise to businesses to which we are appointed, and understand the VAT regime of an industry, implications of continued trading and how we structure any sale of the business in a tax efficient manner.More Information
The rights of employees in insolvency proceedings are determined by a number of legislative provisions which derive from both domestic and EU regulations. Their entitlements include rights to be consulted, protection for their pension and claims against the National Insurance Fund, HMRC and the insolvent company.More Information
Regulatory attention is never far away from the topic of insolvency practitioners' fees. With seemingly ever diminishing levels of creditor engagement, getting approval for fees and expenses can present a time-consuming challenge.More Information
Regulatory and judicial attention is never far away from the topic of insolvency practitioners' fees. In Scotland we rarely work with a committee or a commissioner, and invariably a Court Reporter or the Accountant in Bankruptcy is appointed to approve our fees and expenses. This can still present a time-consuming and expensive challenge, so how do we get it right?More Information