Tax Update - For Audit and Accounts Teams

Objectives

This webinar will help those working outside of tax compliance and advisory functions to stay abreast of key tax issues relevant for clients and their financial statements and identify opportunities for other teams within the firm to deliver tax advisory services.

Key Topics

CURRENT TAX LANDSCAPE

• Budget 2026 And Finance Bill 2026-27
• Finance Act 2026 And Associated Developments
• Rates and Allowances
• NEW FRS 102 AND THE TAXATION IMPLICATIONS
• Effective date
• Changes To Lease Accounting
• Lease Accounting Exemptions
• Changes to Lease Accounting – Tax Considerations
• Revenue Recognition

LARGE AND INTERNATIONAL CORPORATE CLIENTS – POINTS TO CONSIDER

• Corporate Tax Roadmap 2024
• International Corporation Tax issues
• OECD Pillars 1 and 2
• Transfer pricing and Country by Country (CbC) reporting
• Controlled Foreign Companies (CFCs) – At a glance
• Corporate Interest Restriction
• Hybrid and other mismatches – an introduction
• Senior Accounting Officer requirement – A reminder

BUSINESS TAX MATTERS

• Temporary reduced rate of VAT
• E-invoicing
• VAT on rotisserie chickens!
• Employment taxes
• Capital allowances measures
• Corporate tax measures

PRIVATE CLIENT HEADLINES – MATTERS FOR COMPANY DIRECTORS

• Income Tax
• Capital gains tax measures
• Inheritance tax measures
• Profit Extraction In 2026/27
• Directors and the National Living Wage
• New dividend data being collected via 2025/26 Self Assessment

COMPLIANCE

• Tackling the hidden economy by expanding tax conditionality
• Tackling non-compliance on the high street
• Tax Agents

Who Should Attend 

All those working in audit or accounts departments that don’t otherwise attend tax update courses. This is a tax awareness update for those not working in tax compliance or advisory roles.