Basis Period Reform – Practical and Tax Planning Issues (On-Demand)
Category: Tax | Duration: 1hr | Tag: VODUKPRUP1 | Type: Video | Speaker: Rebecca Benneyworth | Date: 01/11/2022
Course Details
In this session, Rebecca will remind you of the key points about basis period reform and then take you through the more complex issues and tax planning scenarios. Topics covered include:
- Basis period reform – what are the new rules about basis periods?
- How is the ‘transitional amount’ taxed?
- Should I change my clients’ accounting dates, And if so when?
- What are the tax planning issues about?
- What happens if my client does not want to change accounting date?
CPD Course Speaker
Rebecca Benneyworth Training
Rebecca Benneyworth
Rebecca is an ICAEW Chartered Accountant. She is a lecturer, writer and consultant on a variety of taxes, lecturing extensively throughout the UK, to accountants, business people and also to HMRC and the Treasury. She has her own accountancy practice based in Gloucestershire, with a variety of small business and personal tax clients.
During the last two years, this has become a 100% digital practice. She is Chair of the HMRC Digital Advisory Group, providing help and support to HMRC in understanding the challenges that Making Tax Digital presents to small businesses and their advisers.
She is also a member of the Admin Burdens Advisory Board, an independent advisory group to HMRC monitoring the burdens which the tax system imposes on businesses.
During the last two years, this has become a 100% digital practice. She is Chair of the HMRC Digital Advisory Group, providing help and support to HMRC in understanding the challenges that Making Tax Digital presents to small businesses and their advisers.
She is also a member of the Admin Burdens Advisory Board, an independent advisory group to HMRC monitoring the burdens which the tax system imposes on businesses.