CPDStore

Dec 9, 09:00

Changes to R&D Tax Relief // Getting Investment: EIS/SEIS – What You Need to Know

Part 1: Changes to R&D Tax Relief

Speaker: Simon Briton – Quantify.tax

R&D tax is very much in the spotlight at the moment, with clients and advisers increasingly aware of it through articles in the press, changes in the Autumn Budget and seemingly endless marketing calls and emails. This makes it all the more important to be well versed in this tax relief and the changes that have been announced. This conference session will help you understand why these recent changes have been announced, how they work and how they will impact your clients.

In this session, Simon Briton will cover the following:
• Reduction in value to SMEs from April 2023
• Restrictions on subcontractors from April 2023
• SMEs claiming RDEC - more valuable from April 2023
• Changes to claims process from April 2023
• Practical planning points

By attending this session, you gain an awareness of how the restrictions on R&D tax claims will affect your clients.

This session will be of most benefit to advisers with some experience of R&D tax claims, whether prepared by an external firm of advisers or prepared themselves. This session aims to increase awareness of the issues rather than providing comprehensive technical detail.

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Part 2: Getting Investment: EIS/SEIS – What You Need to Know

Speaker: Makayla Combes – Ad Valorem

In order to grow, SME companies usually require funds from external sources, typically in the form of either debt or equity investment. EIS and SEIS essentially provides a “gold stamp” on the company to encourage investors to purchase shares and fund the growth plans. This webinar will cover the key topics required in supporting clients obtain EIS/SEIS status

Tax planning is a big opportunity to add significant value to our clients. Unfortunately, we often price it completely wrong and miss out on premium fees.

In this session Makayla will cover the following

• What is EIS/SEIS?
• What are the conditions?
• What tax relief is available?
• The application and filing processes

By attending this session, you will be able to advise clients on when EIS/SEIS would be suitable for them, how the tax relief works for investors, and will be able to support in the application and administration of EIS/SEIS investment.

This session will be of most interest to accountants of all levels.

Course level: Intermediate.

Dec 9, 11:00

Accounting in Challenging Times: Part 1 & 2

Speaker: Lindsay Webber, Claire Thomson – OmniPro Practice Support

SMEs have faced, and continue to face, a number of uncertainties including COVID-19, Brexit, rising inflation and climate change. Technology is developing and changing at an incredible pace. How does this ever-changing and unpredictable landscape affect financial statements?

This webinar will cover some of the key accounting considerations for SMEs as they look towards preparing FY2022 financial statements, and the areas where accountants should be focusing their attention. For both preparers and reviewers of financial statements, this webinar will serve as a refresher of these chapters of the accounting standard, and the session will include both theory from FRS 102 and additional worked examples and useful tools. You will learn about some of the practical difficulties in applying these sections and how to overcome these.

In this session Lindsay & Claire will cover the following:

• FRS 102 Section 1A – accounts of small companies, and the company law small companies’ regime
• FRS 102 Section 21 – provisions and contingencies
• FRS 102 Section 27 – Impairment of assets
• FRS 102 Section 32 – Post balance sheet events
• FRS 102 Section 33 – Related party transactions
• Companies House – what’s changing, and how can you prepare?

By attending this session, accountants will refresh their knowledge of these areas of FRS 102, and be equipped with examples and tools to assist them as they prepare and review financial statements for their clients. They will also understand the main changes that are planned for Companies House, and the implications for their clients.

This session will be of most interest to accountants who prepare financial statements on behalf of clients, as well as those who act as reviewer or auditor of financial statements.

Course Level: Intermediate / Advanced

Dec 9, 13:40

New & Existing Private Companies – When and Why Do They Need to Update Their Articles?

Part 1: New Private Companies – When and Why Do They Need to File Their Own Articles Instead of the Model Form Articles?

Speaker: David Impey - Company Law Solicitor

Practitioners need to make sure that the articles of private share companies they form for clients suit their circumstances, and it’s all too easy to assume the government’s 2006 model form articles will do the job.

This highly practical nuts-and-bolts session, designed for accountants in all types and sizes of practice and for company secretaries in larger companies and/or groups, identifies situations where the model form will often fall short and homes in on the specific provisions that will need to be varied or disapplied, and what to put in their place. Particularly, it covers the recent shock that was the Hashmi v Lorimer-Wing (Fore Fitness) ruling, and whether that is solved by the subsequent Active Wear decision, and any implications for new company articles arising from the upcoming Economic Crime and Corporate Transparency Bill.

In this session David will cover the following topics:

• Clause by clause analysis of model form provisions commonly disapplied or varied in clients’ private share company articles
• Suggested special clauses for special situations eg:
> Owner-managed companies
> Subsidiary companies
> Joint ventures
> Common class rights for family and outside investors
> Rights on allotment and transfer of shares
• Protecting shareholder-directors from removal
• When company articles can override the Companies Act
• Other common issues

By attending this session, you will be equipped to advise clients forming private share companies when and why the model form articles need amending to suit their circumstances, and how.

This session will be of interest to practitioners in firms of all sizes and types who advise clients forming private share companies, and company secretaries in larger companies and groups.

Course Level: Intermediate

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Part 2: Existing ‘Old’ (Pre-2006 Act) Private Companies – When and Why Do They Need to Update Their Articles?

Speaker: David Impey - Company Law Solicitor

Practitioners often advise private share companies with ‘old’ articles - predating the 2006 Companies Act - which stop them doing things that were unlawful then but aren’t now.

This highly practical nuts-and-bolts session, designed for accountants in all types and sizes of practice and for company secretaries in larger companies and/or groups, identifies common limitations in ‘old’ company articles that can easily be solved by updating them. Particularly, it will cover any implications arising for companies with old articles as a result of the upcoming Economic Crime and Corporate Transparency Bill.

In this session David will cover the following topics:

• Reasons to update - clause by clause analysis
• How to deal with pre-2006 Act companies’ objects, authorised share capital and other ‘saved’ provisions in existing articles
• What to carry forward from the existing articles and what to change
• Can updating inadvertently affect share rights – class consents required?
• Common instances where old articles fetter a company’s 2006 Act powers
• When updated articles can override the Companies Act and when they can’t

By attending this session, you will be equipped to advise clients when and why their ‘old’ private share company articles need updating, and why, so they can exercise comprehensive, modern legal powers.

This session will be of interest to practitioners in firms of all sizes and types, and company secretaries in larger companies and groups, who advise private share companies on Companies Act procedures, transactions, etc – general meetings, share issues and transfers, share buybacks and the like – which are affected by what’s in the company’s articles,

Course Level: Intermediate / Advanced

Dec 9, 15:40

Ensuring AML Compliance // 5 Things Firms Can Do Now For a Better Result in 2023

Part 1: How To Ensure AML Compliance Within Your Firm

Speaker: Elaine Jackson - OmniPro Practice Support

In this session, Elaine will focus on the Key Actions your firm can take to Ensure AML Compliance within your firm.

No firm wants to be used as a tool for money laundering, which is why awareness of money laundering, how it can occur and how to spot the types of people most likely to be involved in money laundering is so important. AML Compliance is about having the right policies, procedures, controls and monitoring in place. AML Compliance is an on-going activity in which all staff should be fully engaged.

Elaine will discuss the following topics:

• What does being AML Compliant mean?
• The role of the MLRO
• Customer Due Diligence
• The Review Process
• Valid Documents
• Informing and Educating the Client

By attending this session, you will be able to implement improvements within your firm to ensure AML Compliance.

This session will be of most interest to all solicitors, Art Dealers, Accountants, Auditors & Tax Advisors

Course level: Intermediate

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Part 2: 5 Things Firms Can Do Now To Get a Better Result in 2023

Speaker: Des O'Neill - OmniPro

Real life insights and practical actions for firm owners and senior team members to reduce stress and drive profitability.

In this session, Des O’Neill will cover the following topics:

• Rising Prices
• Keeping People
• Better Clients
• Knowing Your Numbers
• Winning Technology - A Strategy for Success