LTN Tax Conference 2023

Taxation magazine published a summary of our 2023 conference in two parts. The first part (published 8 November 2023) can be found here. In addition to a summary of the talks, Richard Curtis – previous editor of Taxation – makes the following key points:

• Prepare a domicile status report when dealing with excluded property trusts and the settlor is still alive.
• Many people will be brought back into self assessment because savings rates have increased and thresholds have been reduced or remained static.
• Adviser’s role when a client discloses previously hidden income.
• Importance of a taxpayer being able to prove the correct figures against an HMRC assessment in an appeal.
• Remember that employee ownership trusts are a business structure, not a tax relief.

Part 2 (published on 20 November 2023) can be read here.

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