Corporation tax is fast-changing – look at the last four Finance Acts to see how fast – and more businesses are structured as companies now than in the past. So it is vital that advisors know how to take advantage of the structure and reliefs within the corporation tax system, as well as being able to identify the most tax-efficient ways of withdrawing profits from companies. This course will bring participants up to speed on the practical application of the corporation tax system. It will enable any practitioner who deals with companies or their directors to discuss the current issues and point the way to resolving them.

Anyone advising SMEs on taxation.

• Minimising the rate of corporation tax
• Profits computation (including planning for capital allowances)
• Using corporate losses
• Efficient profit extraction from family companies
• Using reliefs for groups of companies
• Administration of corporation tax