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CPD - Transactions in Securities - What's the Deal?

30th Oct 2015
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We know it’s approaching a busy time of year, but don’t let your CPD fall by the wayside. The last thing you want is to be scrambling around for CPD hours when you’re knee deep in tax returns – so book onto one of our November or December courses, and then you can sit back and relax in the knowledge that you’re getting top-quality CPD stress free.

'Without question the best tax lecturer I have ever encountered, with MBL or elsewhere'

Many common transactions have the potential to fall foul of the transactions in securities legislation, which has been with us since FA 1960. While the rules probably no longer apply to corporation tax payers, the majority of transactions ultimately involve income tax payers and HMRC's attitude is sometimes unhelpful.

This half-day course will take you through the legislation and give practical advice on transactions affected and how to deal with them, including getting a pre-transaction clearance from HMRC.

This course will cover the following:

  • Introduction
    • Tax avoidance - some background
    • The mischief: why was the legislation introduced
    • Application to income tax
    • Why the rules probably don't apply to corporation tax
  • How the income tax rules work
    • Conditions for the rules to apply
    • Types of transaction affected
    • Specific transactions
    • Quantum of tax advantage
  • The escape clauses
    • Tax avoidance motive
    • Change of ownership test
  • Counteraction of tax advantages
    • Counteraction notices - the process
    • Appeals
  • Pre-transaction clearances application
    • Contents
    • Disclosure
    • Timing
    • Refusal of clearance

Please click here to read more

This course will be taking place in:

LONDON - 16 November

MANCHESTER - 24 November

BIRMINGHAM - 10 March 2016

LEEDS - 16 March 2016

LONDON - 27 May 2016

MANCHESTER - 15 June 2016

We're currently offering a reduced rate of £120+VAT (standard rate is £240+VAT) to accountingWEB readers - to book your discounted place now please contact [email protected] quoting reference AWEB15 and the course title.

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