Join Us for a FREE 2 Part Tax Masterclass

Extracting funds from the company tax efficiently is an issue that faces almost every small company owner. The following topics will be covered during this session:

• The taxes to be considered, together with the relevant reliefs, exemptions, and thresholds
• Simple 'salary versus dividend' strategies to provide the most tax efficient outcome in the majority of cases
• The SIX circumstances where salaries greater than the personal allowance are more tax efficient
• Paying spouses, partners, and other family members
• Better alternatives to dividends: rent, interest, and pension contributions

The complex interplay between corporate and personal tax is made even more confusing by the many reliefs, exemptions, thresholds, and allowances involved. Add to that the fact many companies are currently facing transitional rules that mean their marginal corporation tax rate may be different every year for three years, and it becomes a complete minefield. The goalposts are shifting almost daily, and you need to be ready to advise your clients on the best course of action.

Sam Mitcham presented the highs and lows of bookkeeping in the modern day, visiting the pros and cons of our ever-growing 'app stacks' and helping accountants and bookkeepers to navigate through, and avoid, common bookkeeping mistakes. The following topics were covered during this session:

• Proactive Vs Reactive Bookkeeping
• Avoiding Common Mistakes
• Checklists and Best Practice
• Tools of the Trade
• The Human Touch

Whether you are a highly experienced bookkeeper looking for a refresher or new to the field, this webinar provides valuable insights on how to overcome some of the bookkeeping battles we face in modern, tech-driven, times. This session is of particular interest to business owners, bookkeepers and accountants.

Rebecca Benneyworth presented the workings of the UK statutory residence test, taking you through the elements of the test in detail and suggesting practical ideas for record keeping for clients who are internationally mobile. At the end of the session, you should be confident working through a set of facts to determine your client's residence status for UK tax. In this session Rebecca Benneyworth covered the following:

• How is the test relevant to tax?
• The overall structure of the test
• Automatic overseas tests
• Automatic UK tests
• The sufficient ties test