Course contents

This course is designed for accountants involved higher-level IHT & trust planning and compliance. The course draws its contents from:

    Refresher of current IHT rules
  • Impact of Finance Acts
  • Inheritance Tax planning and the family home
  • Succession planning for the family business
  • Maximising reliefs and exemptions
  • The use of trusts and IHT planning
  • Tax effective Wills and Deeds of Variation
  • Update on the taxation of trusts .

The exact contents are set about four weeks before the course date and you will find details at

Kevin Read's autumn 2019 IHT and trusts update will cover:

  • Main types of trust and their uses
  • Trust formalities – some key legal points
  • Income Tax
  • Interest in Possession (IIP) trusts - Taxation of trustees Distributions to beneficiaries
  • Discretionary Trusts - Taxation of trustees, including ‘tax pool’ issues & Taxation of beneficiaries receiving income distributions
  • Availability of personal savings and dividend allowances
  • Impact of restrictions on finance costs for trustee residential landlords
  • Trust management expenses
  • Chargeable event gains on insurance bonds held in trust
  • Scope of Hastings-Bass doctrine to unwind trustee transactions
  • Settlor-interested trusts
  • CGT issues
  • Trusts for disabled persons
  • Inheritance Tax Overview of the charges on different types of trusts, including-Trust for a bereaved minor-18-25 trusto New rules to counter ‘pilot’ trust structures
  • Use of trusts in estate planning
  • Offshore trusts
  • Course type
    Tax of trusts