Old Square Tax Chambers hosted a seminar on Taxation of Trusts.
Seminar Timetable
- 16:00 – 16:15 Tea & Coffee
- 16:15 – 16:50 Harriet Brown
- Halloween Horrors: Terrible Trust Tax Trip-Ups Taken From Case Law and Practice
- IHTA, Schedule A1: things you might not have noticed
- Requirement to correct: what can be done now?
- Barclays Wealth Trustees: a few points to take away
- IHT DOTAS
- FATCA conviction
- Thompson v Thompson: estoppel and inheritance
- Singh and ors v Sebastian Ash: proving intentions in rectification
- 16:50 – 17:25 Patrick Boch
- The transfer of assets abroad escape clause – any room for manoeuvre?
- Overview of the TAA provisions
- the escape clause (s 737 ITA 2007)
- what is “avoiding”?
- what is a “purpose”?
- application to a trust scenario
- overview of the EU law defence.
- 17:25 – 18:00 Robert Venables QC
- Employee Benefit Trusts – Are They Still Worthwhile?
- IHT and CGT Advantages post Barker v Baxendale-Walker
- Taxation of Employees on Contributions to Trust post Murray
- Provision of Capital Sums for Employees without Disguised Remuneration Charge
- The April 5th 2019 Employee Loan Charge
- Deductibility of Contributions to Trust for Employer.
- 18:00 – 18:15 Questions to the speakers
- 18:15 – 20:00 Drinks
Seminar notes
To request notes for this seminar, please contact The Clerks.