Introduction to Capital Taxes

This course is aimed at members of staff who require a basic grounding in capital taxes, meaning capital gains and inheritance tax.

 It may be suitable for the following:

• those who have had no practical experience in this area post exam accounting qualification or part qualification
• those who have worked in a different area of the profession for a while and need a refresher
• those who have had had a break from the profession
• those whose main role is routine compliance aspects of personal tax returns who wish to expand their knowledge and skills base

The course may also be suitable for those relatively new to the profession, but some exam/ training or professional tax experience is advisable.

Content will include the following;

Capital Gains Tax

• Identifying CGT transactions
• Understanding capital gains tax computations
• CGT reliefs
• Payment and administration

 Inheritance Tax

• IHT implications of lifetime giving to individuals and trusts
• Basic IHT computation principles
• IHT reliefs
• Payment and administration