Training Terms & Conditions:
Bookings and payment
All bookings are provisional until they have been confirmed in writing by ourselves. Confirmation will be dispatched within 7 days of the receipt of a completed booking form. Authorities booking 3 or more places will be entitled to a 10% discount.
Invoices must be paid in full by no later than
28 days following their date of issue.
Cancellations – Residential Course
More than 21 days : no payment due
21-8 days : 50% of course fee
7 days or less : full fee
Substitutions are permitted at any time
Cancellations – Single Day Courses
More than 15 working days : no payment due
14-7 working days : £100.00 cancellation charge
6 working days or less : full fee
Substitutions are permitted at any time
Training materials provided by us during the course are for the sole benefit of the course participant. They must not be photocopied, scanned, faxed or otherwise distributed without our prior written permission. All intellectual rights remain the property of LAVAT Consulting Limited.
Limitation of Liability
In the unlikely event of a course not taking place as scheduled, and for whatever reason, the financial liability of LAVAT Consulting Limited to each participant shall be limited to the value of monies paid by that participant for attendance on the course.
Local Authority Trading Companies
Taxation Challenges for 2020
11 December 2019
RAF Club, London
PSTAX and Wilkins Kennedy invite you to this Seminar, which will explore the taxation challenges for local authority companies now and in the post-Brexit era.
In recent years the landscape for local government service delivery has changed to increasingly include outsourcing and revenue-generating structures to meet the needs of reduced funding and increased demand.
The taxation considerations of these new alternative delivery models are still new to public bodies and can create a significant drag on operational aspirations. It is essential that senior officers and those responsible for the day-to-day operations are signposted the risks and planning options when considering these new structures.
This Seminar will give delegates a high-level understanding of where the risks lie and what pre-emptive actions they can take to avoid them, and how they can take advantage of built-in legislative planning opportunities.
The running order for seminar will be:
09.00 – 09.30 Registration (with refreshments)
09.30 – 09.35 Introduction
09.35– 10.05 Why worry about tax?
Here we will demonstrate why you need to think about tax, by showing:
- why tax considerations are different for local authority companies;
- how the different taxes could undermine the financial viability of the new structures; and
- why you should do something about it.
10.05 – 10:35 Key Corporation Tax (“CT”) considerations
Officers involved in trading companies will need to deal with CT. We will discuss:
- how CT applies;
- mutual trading;
- connected party financing (transfer pricing);
- arrangements (such as groups of companies) to plan tax liabilities; and
- charitable status and gift aid.
10.35 – 11.05 Capital Allowances
11.05 – 11.20 Refreshments
11.20 – 12.30 Key VAT and SDLT considerations
We will explore the different VAT and SDLT issues officers will need to deal with, including:
- the different VAT rules;
- what types of transactions are affected;
- Brexit and its consequences;
- planning opportunities;
- exemptions and reliefs
- transfer of assets.
12.30 – 12.45 IR35
12.45 – 13.00 Construction Industry Scheme (“CIS”) and Domestic Reverse Charge (“DRC”)
13.00 – 14.00 Lunch
14.00 – 15.00 One to Ones
PSTAX and Wilkins Kennedy specialists will be available for high-level discussions on delegate-specific issues (these will be informal sessions and the comments will not constitute advice).
RAF Club, 128 Piccadilly, London, W1J 7PY – Wednesday 11 December 2019
To book a place please contact firstname.lastname@example.org quoting your purchase order number. The cost for each delegate is £200 plus VAT (with a 10% discount offered for three or more places).