Key Haven Publications LTD – Pre-Election Tax Planning

Upcoming

Wednesday 01 May 2024 1pm

Event Type: In Person

Location:

The Law Society’ Hall, 113 Chancery Lane, London WC2A 1PL

Key Haven invites you to attend an afternoon Seminar titled: “Pre-Election Tax Planning”

This seminar will be held on Wedneday 1st May 2024 with Robert Venables K.C. (Chairman), Etienne Wong, Ben Symons, and Rebecca Sheldon.

The speakers are all practising barristers and members of Old Square Tax Chambers,15 Old Square, Lincoln’s Inn W2A 3UE: Website: www.taxchambers.com, Contact: [email protected] or 020 7242 2744

The Need for Action

Few doubt that by the end of 2024 the United Kingdom will have a Labour government.  The  Labour Party has cleverly stated very little about its intentions re taxation.  Yet it is obvious to any intelligent person that taxes will need to be raised even further.  And it is equally obvious that the new government will very likely, in line with the politics of envy, abandon the rationality of prior Labour governments and increase tax rates even when the result is to decrease the tax yield or to increase it less than the amount of the extra public spending it will entail.

The aim of the seminar is to explore ways in which such tax increases might be pre-empted by action taken while there is still time.

The Fees for this seminar will be £400 per delegate plus VAT (£80.00) = £480.00 (which includes course notes and refreshments)

Registration Details:

For application and conditions please contact:

Key Haven Publications Ltd, PO Box 669, Oxford OX3 3AU Tel: 01865 352121;

E-mail: [email protected] or visit our website at www.khpplc.co.uk

Cancellations:

Those confirmed in writing 30 days prior to the Seminar qualify for a full refund, subject to a £50 administration fee. Cancellations within 30 days prior to the Seminar do not qualify for a refund, although substitutions will normally be allowed at Key Haven’s discretion.

Programme Details:

13.00 Arrival and Registration with Refreshments

13.45 Chairman’s Introduction

13.50 Overview of Tax Increases and Forestalling Possibilities – Robert Venables K.C.

Tax Increases: Certain, Probable and Possible – Which can be implemented mid-tax year? – Retrospective Charges? – Forestalling Techniques in General

14.10   Foreign Domiciliaries – Rebecca Sheldon

Basic principles – Rumours as to changes – Excluded property trusts – Remittances

14.40 Forestalling Imposition of value added tax on Private School Fees – Etienne Wong

Preserving existing exemption by prepayment – what are the rules? – Anti-forestalling legislation – how far would a Government go?  Retroactive legislation? –  Post-Brexit, how much of the basic VAT rules (such as those on timing) could a Government change? – Minimalising the impact of the proposed VAT change – “unbundling” – Would the (Halifax) anti-abuse rules apply? ·  Would the Ramsay principle apply ?  Would the GAAR apply?

15.05 Carried Interest – Ben Symons

How to manage the current tax risks in relation to the carried interest of private equity executives in private equity funds?

How to plan for potential changes to the taxation of carried interest of private equity executives under a Labour Government?

15.30   Discussion Session with Refreshments

15.45   Capital Gains Tax: How to Hedge Your Bets – Robert Venables K.C.

How to forestall increases in rates of capital gains tax / corporation tax on chargeable gains while retaining the ability to unwind the planning should it prove unnecessary – counter-productive

16.15   Questions to Speakers and Panel Discussion

16.45   Close of Seminar

Interested? Get in touch

T: 0207 242 2744 Email Clerks