Webinar Agendas

Webinar 1 | 21 November 2024

How HMRC uses AI in tax investigations | Paul Malin
9:30am - 10:30am

With over 55 billion items of data in HMRC’s Connect system, HMRC are now using AI to identify individuals for tax investigations, open more cases, process data and save internal HMRC time.

But what does this mean for you and your clients?

AI isn’t always right and nor is HMRC.

Quite simply it means there is likely to be more tax investigations, an even greater inability to communicate directly with HMRC, strained relationships and more errors.

This presentation will help you understand how HMRC uses AI to enable you to better advise clients and deal with HMRC in future.

How does this tie in with “Gen AI”?

This session will cover: 

  • What data does HMRC hold?
  • Sources of HMRC information?
  • How is the data used in tax investigations?
  • The good and bad of AI
  • What does AI mean for your clients?
  • What does AI mean for advisers?
  • What can go wrong?
  • What are the AI roadblocks today?
  • The future of AI and Gen AI 

Everything you wanted to know about Research & Development Tax Relief but were afraid to ask | Malcolm Henderson & Kishan Kavi, Bonham & Brook
10:45am - 11:45am

Bonham & Brook invites IFA Members to join Malcolm Henderson (Head of Compliance) and Kishan Kavi (Head of Tax Investigations) for a post-Budget R&D Tax Claims update and spotlight on HMRC current trends for both R&D Claims & Enquiries; and how to deal with both effectively and timeously.

This session will cover: 

  • Post-Autumn Statement Budget Update (R&D)
  • Preventing HMRC enquiries in R&D claims
  • What to do if you get one
  • Effective defence of HMRC interest in your claim
  • Penalties
  • Case Law
  • Record Keeping

This session will benefit accountants and Business Leaders of all experiences with R&D Tax claims. With 4 R&D Tax Schemes now running concurrently, today’s webinar is a vital update for anyone involved in the R&D claims process, or thinking of making one for the first time e.g. compiling a robust claim, supporting the claim and what to do to obtain help in this area.

Webinar 2 | 28 November 2024

Property – income & corporation tax, capital gains tax, capital allowances and VAT – what you need to know 
9:30am - 10:30am

There are a wide range of taxes that will impact on any property transaction, and because property values are significant then the costs of getting things wrong can be painful.

This session will look at some of the key implications for capital gains tax, VAT and stamp duty land tax on a property transaction. Even if you don’t have a deep knowledge of these issues being aware of the tax implications for your clients’ property deal can help add value and avoid expensive issues.

This session will cover: 

  • Income tax – property development vs property investment
  • CGT – commercial and residential property
  • Capital allowances – what you can (and can’t) claim
  • VAT on property – opting to tax and the capital goods scheme
  • International aspects 

Taxation on Influencers & Content Creators | Matthew Stambach, ETC Tax
10:45am - 11:45am

This presentation is aimed at providing the delegates with a working knowledge of the area of tax and accounting they need to be aware of when dealing with social media influencers / online content creators.

More and more people are monetising their social media platforms and it’s important to understand the tax implications of doing so.

This presentation, should give delegates the knowledge they need to confidently discuss the matters relevant to content creators in order to assist them with their accounting and tax obligations.

This session will cover: 

  • Who is an influencer / content creator?
  • Income streams for content creators
  • Expenses – what’s allowable?
  • Gifts – how are they treated?
  • Business structure – what is best?
  • Tax mitigation ideas 

Webinar 3 | 5 December 2024

Estate Planning: Why is it important and how can it help your clients? | Katie Frost, PSG Bowdens
9:30am - 10:30am

All of our clients have an Estate, even if they don’t know it! Whilst effective Estate planning maximizes the wealth that is distributed on a client’s death, it also ensures this wealth is distributed to beneficiaries in line with our clients wishes.

This webinar will assist members by providing the tools to identify and discuss the key components of Estate planning including key considerations such as loss of capacity, children, assets, and financial security for the future.

The webinar will also address the changes announced in the recent Autumn Budget and how this might change the advice we give to our clients.

This session will cover: 

  • An overview of Inheritance Tax
  • Why do we do Estate Planning?
  • Making use of exemptions and relief
  • The taxation of lifetime gifts
  • Use of Trusts in lifetime and on death
  • Wills, Powers of Attorneys and Intestacy
  • Changes to Business Property Relief and Agricultural Property Relief

VAT – When you can’t recover VAT on purchases | Kevin Hall, Wright Hassall
10:45am - 11:45am

Not being able to recover VAT on costs can turn a profitable project into a loss-making one. It’s common for businesses to expect to recover all VAT on their costs when planning transactions. However, it quickly becomes crucial to identify those instances when VAT on purchases cannot be claimed.

Sometimes, the loss of VAT may be limited to a one-off purchase and can be absorbed. But in cases where blocked VAT claims are a regular cost, careful planning is essential. Businesses might need to adjust how transactions are structured to ensure VAT recovery, understand how partial exemption computations could impact their bottom line, or even seek to override legislation requirements by applying for a special method.

Kevin will explore this complex issue and welcomes questions during his talk.