Transactions in Securities: Online Course

Many common transactions have the potential to fall foul of the transactions in securities legislation, which has been with us since FA 1960. While the rules probably no longer apply to corporation taxpayers, the majority of transactions ultimately involve income taxpayers to whom they may apply and HMRC’s attitude is often unhelpful. This three-hour seminar will take you through the legislation and give practical advice on transactions affected and how to deal with them, including getting a pre-transaction clearance from HMRC. The seminar has been fully updated for recent tax cases.

• The mischief: why was the legislation introduced?
• Conditions for the rules to apply
• Types of transaction affected
• The motive test and escape clauses
• Counteraction of tax advantages
• Pre-transaction clearances
• Recent cases

Price: £199 + VAT for the first delegate BUT this is a per organisation price, so up to 10 of your colleagues from the same organisation can participate at absolutely no extra charge, even if they are viewing it from a different location or at a different time. So, of course, if there are 11 of you the cost per delegate would be just £18.09 each.

Delegates will receive full course materials, including a recording of the session, downloadable slides, and (on request) a CPD certificate.

For smaller firms with 4 or less partners, the price is £99, which is for a single place with no additional free places

Who Should Attend?

This course will be invaluable for professionals who advise on company reorganisations, share transactions, or profit extractions where income tax issues may arise, including:

• Corporate tax advisers involved in structuring transactions and advising on shareholder exits

• Private client tax advisers dealing with owner-managed business clients and dividend planning

• Accountants and tax managers preparing or reviewing company purchase, demerger, or reconstruction transactions

• Solicitors and barristers advising on share sales, buy-backs, and corporate reorganisations

• In-house tax professionals within groups undertaking internal restructures or capital reductions

• Chartered tax advisers seeking an update on the latest cases and HMRC approach to Transactions in Securities (TiS)

• Anyone responsible for obtaining or drafting pre-transaction clearance applications

Course Presenters

Pete Miller began his career with the Inland Revenue in 1988 with roles in tax districts in Birmingham and London before spending several years in head office, culminating as the Inland Revenue's expert on the rules for company distributions and advance corporation tax. Since going into private practice 25 years ago, Pete has worked for Big 4 firms and run his own business for 11 years, advising a wide range of clients from owner managed businesses to the largest corporate groups. While Pete has provided in-depth tax advice on all aspects of corporation tax, he specialises in the taxation of corporate transactions and the consequences to shareholders, including buying and selling companies, mergers and demergers, and all forms of corporate reorganisation. Pete is Chair of the CIOT's Owner Managed Business Tax Technical Committee, as well as being a member of the Tax Policy and Oversight Committee and of the Education Committee. He is also a member of the ICAEW Tax Faculty Business Tax Committee.

Nick Wright. As a member of the ICAEW and CIOT Nick specialises in technical corporate tax planning and company reorganisations advising on a variety of projects from mergers and acquisitions to company incorporation, management buyouts and demergers. Nick is a regular writer for various tax journals with articles published in Taxation, Tax Adviser and ICAEW Taxline. Presenting regular lectures to fellow professionals through various CPD providers including MBL, CPDStore and a variety of CIOT and ICAEW branches, Nick is host of the ‘Tax Hour’ podcast.

Important Notes about Booking

1. Please ensure that, when booking, you get colleagues' email addresses entirely correct as failure to do so will probably mean that they will not receive joining instructions

2. Payment can be made by credit or debit card or alternatively by invoice. The option to pay by invoice is below the pay by card option in the booking form

3. If you have more than 10 delegates then extra delegates are £20 each. Contact us at info@legaltrainingconsultancy.co.uk to arrange this

4. If you don't have the complete list of who will be attending you can book for those that you know will be attending and add the others at a later date


The Legal Training Consultancy

The Legal Training Consultancy is a full-service training consultancy with a large portfolio of conferences, courses and trainers. Over the years we have been responsible for putting together a vast number of law and management related conferences, webinars, seminars, videos and e-learning modules. Altogether substantially more than 2000.