The society is pleased to confirm that Gill Steel will be returning to the Society for a further training session. The aim of the session is to refresh the knowledge of trust practitioner with the tax implications of manageing trusts. Trust practitioners will be able to master the application of various tax events in the life of a trust. The course will cover the following topics:
- Overview
- IHT
- Background
- UInterest in possession trust
- Discretionary trusts & those subject to the relevant property regime to include the reporting and calculation of IHT on creation and for periodic and exit charges
- Income Tax
- Introduction & terminology
- Rates of tax
- - Expenses
- Interest in possession trusts
- Settlements with no interest in possession
- The Trust Rate
- Income tax certificates for beneficiaries
- Settlor-interested trusts, including those created by Deeds of Variation
- Self-assessment
- CGT
- CGT Computation
- Occasions of charge
- On creation
- During the lifetime of the trust
- Exercise of powers by trustees
Speaker: Gill Steel
Gill is a freelance consultant and trainer providing advice to law firms. Shes is a member of the Association of Tax Technicians and STEP and lectures regulary on Wills, Trusts and Tax subjects. Gill is the author of the Law Society's Hanbook Trust Practitioners Hanbook. |