Practical Explanation of Tax Calculations for LATCs

Networks

Event summary

This new practical workshop will give you a step-by-step guide to navigating the complex tax maze that newly set up trading companies and councils will have to meet.

Date

17 November 2017
Starts: 10:00
Ends: 15:40

Location

CIPFA Mansell Street
77 Mansell Street
London
E1 8AN
[See map]

Standard price

£325.00 excl VAT

Network Member Price

£295.00 excl VAT

*the event has started.

About this event

This event follows on from the workshop earlier in the year, and will offer delegates practical demonstration of key tax calculations and how to effectively plan and manage tax issues. 

The ongoing financial climate is placing an increased pressure on finances and the generation of savings, with many organisations setting up trading companies. Tax considerations are very important, as they add to the cost base of a company compared to in-house service delivery. 

The event will demonstrate, using practical examples, the differences between accounting profits and taxable profits. Delegates will then be taken through the corporation tax calculations. There will also be an explanation of VAT, group structures, capital gains and gift aid.

Who should attend?

The workshop has been developed to support accountants, tax advisers, commercial directors, finance practitioners, solicitors, project managers and auditors who are involved ensuring that the authority makes the correct tax calculations.

How will I benefit?

This event will offer a practical demonstration of the main tax calculations, to give delegates an:

  • understanding of the key tax implications for LATCs and how to minimise tax liabilities
  • appreciation of the differences between accounting profits and taxable profits
  • explanation of how to become familiar with the basic corporation tax computations
  • awareness of how to gain confidence in making capital gains calculations
  • understanding of how to deal with the complex area of VAT exemption and invoicing.

CPD hours

Four and a half.

Topics

  • Accounting
  • / Commercialisation
  • / Financial management
  • / Tax

Download programme schedule

PDF 195.28 KB

Speaker - Kim Woods, Senior Trainer & Finance Advisor, CIPFA

Kim Woods

Kim has been examiner and author of workbooks for CIPFA professional qualifications. She has been training central government employees in various countries on implementation of accruals basic IPSAS since 2011. She has delivered such training in Kazakhstan, Azerbaijan, Sri Lanka, Indonesia, South Africa, and the Commonwealth Secretariat. She has also conducted an IPSAS study tour for the Botswana Accountant General’s office, the Petroleum Regulatory Agency of Nigeria and senior members of the China Treasury.