P/A Online 2020

Presented by Tony Austin.

Session 1 - General Tax Update and Finance Act 2020

A summary of the major changes in legislation and practice relating to UK income tax, capital gains tax and corporation tax over the last 12 months, including:

• Main provisions of Finance Act 2020
• Legislation taking effect from 6 April 2020
• Rules for off-payroll working effective from 6 April 2021
• CGT 30 day reporting
• Changes to Entrepreneur’s Relief

Session 2 - Business Asset Disposal Relief (formerly Entrepreneurs' Relief)

In certain circumstances, this relief reduces the charge to capital gains tax on gains made by individuals when disposing of a business or a part of a business. An explanation of the latest rules on what used to be called Entrepreneur’s Relief and how they apply in practice.

• An understanding of the current rules
• The effect of recent changes
• Opportunities and pitfalls

Presented by Ralph Tiffin and David Potts

Session 1 - Financial Reporting in the Age of Covid-19 (Ralph Tiffin)

This one hour session looks at the key areas that must be considered and the calculations and disclosures required to ensure a “true and fair view” in these most uncertain times.
Examples of what might be done and actions to be taken are included in the notes to the session.

Session 2 - Key developments under IFRS (David Potts)

This session is designed to provide a clear summary of the most important recent developments in IFRS especially changes to be implemented for 31 December 2020 year ends and beyond and the emerging issues from changes already in place. The focus will be on the issues which are likely to be most relevant to private (and AIM listed) companies reporting under IFRS rather than those larger entities with a full listing. This session will look at:

• IFRS 16 – leases
• IFRS 15 – matters arising
• Changes to the IFRS for SMEs – what is the significance; and
• COVID – 19 – IFRS reporting implications

Presented by David Potts.

Session 1 - Key Financial Reporting Issues for SMEs

This session will concentrate on the most important financial reporting issues for Small (Micro) and Medium sized entities. The session will cover the following:

• Developments and changes to FRS 102, FRS 102(1a) and FRS 105
• Company Law developments and possible further developments for 2021 and beyond
• COVID -19 reporting issues including accounting for Business Rates relief, Furlough receipts and rental holidays.

The session will be practical and will only consider those issues of most relevance to smaller entities.

Wolters Kluwer

Pre-recorded sessions -

Wolters Kluwer will be presenting a 30-minute education session in addition to your 5-hours of content from David Potts, Ralph Tiffin and Tony Austin.

Shape the Debate - 18th November 2020 13:00-14:00

Wolters Kluwer will also be hosting "Shape the Debate" live Q&A with our experts.