Course Details

Recent proposed and current budget changes have affected tax rates for national insurance, dividends and rental property income. Practitioners working in general practice would have seen a surge in client enquires seeking tax mitigation advice as their tax liabilities increase due to fiscal drag. Many client seeking advice in respect of restructuring their trade or rental enterprise in order to reduce tax liabilities. Unfortunately, there is no longer one clear strategy, and each client needs bespoke advice.

 

During this course we review the current and proposed tax changes to owner managed business, sole traders and those renting property, what you need to consider as their tax adviser together with some common strategies and solutions you could recommend when providing advice.

 

In this course Phillip Dolman covers the following topics:

  • Review of the dividend and rental property tax changes 
  • Is incorporation of a trade worth it
  • Tax considerations for disincorporation
  • Ltd Rental property business v's personal ownership 
  • Incorporating rental property and other alternatives

 

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CPD Course Speaker

Dolman Chartered Accountants

Phillip Dolman

Phillip runs a medium sized accountancy practice on the outskirts of Bristol, providing accounting, taxation compliance and planning services to individuals and owner managed businesses. Phillip enjoys using his wealth of technical experience to help clients with a range of taxation solutions in respect of business succession, tax mitigation, restructuring or providing capital tax planning for high-net-worth individuals. Actively running his own busy practice, he understands the practical challenges of tax legislation and focuses his courses towards those in small or medium sized practice. Phillip has extensive experience writing and presenting taxation courses for students preparing for their professional exams. In his spare time, he enjoys running, open water swimming, walking and spending time with his daughters.