Course Details

The session will look at the various forms of income tax loss relief and identify the technical and practical issues to be aware of, highlighting problems that arise in practice.

The topics covered by Rebecca Benneyworth will include:

  • Relief against profits of same trade – are there any restrictions?
  • Sideways relief – against what and how?
  • Special COVID carry back rules
  • Losses in LLP’s and other restrictions on loss relief
  • Farming and market gardening losses

 

CPD Course Speaker

Rebecca Benneyworth Training

Rebecca Benneyworth

Rebecca is an ICAEW Chartered Accountant. She is a lecturer, writer and consultant on a variety of taxes, lecturing extensively throughout the UK, to accountants, business people and also to HMRC and the Treasury. She has her own accountancy practice based in Gloucestershire, with a variety of small business and personal tax clients.

During the last two years, this has become a 100% digital practice. She is Chair of the HMRC Digital Advisory Group, providing help and support to HMRC in understanding the challenges that Making Tax Digital presents to small businesses and their advisers.

She is also a member of the Admin Burdens Advisory Board, an independent advisory group to HMRC monitoring the burdens which the tax system imposes on businesses.