Private Client Perspectives 2024:
Navigating Legal Horizons
1:30 - 5:15pm, Thursday 14 November 2024

We’re pleased to announce that following the recent Budget, the content for our sessions on Navigating the Post-Budget Landscape for Private Clients is now fully confirmed. Led by experts Helen Forster and Edward Emblem, these sessions will cover the latest developments impacting private client practices, including frozen NRB and RNRB thresholds, changes to Agricultural and Business Reliefs, adjustments affecting family businesses, pension reforms, and HMRC’s new compliance measures.

We will also take a deep dive into the rules affecting Non-Domiciled individuals with a focused review of the FIG regime, Overseas Workday Relief (OWR), Trust Registration Framework (TRF), and relevant schedules affecting trusts and rebasing, as well as  exploring Capital Gains Tax (CGT) developments and Anti-Avoidance Measures. With a comprehensive analysis tailored to private client practitioners, these sessions promise insights and actionable strategies to navigate the updated tax landscape.

In addition to this timely update, the conference will also feature sessions on Mastering Will Drafting: Navigating Pitfalls and Minimising Risk with Professor Lesley King, offering guidance on creating robust wills that avoid common errors, and Ensuring Precision: Assessing Mental Capacity in Private Client Practice with Victoria Cook of TSF Assessments, focusing on the vital aspects of capacity assessments.

This essential content is available for members of the law societies of Cheshire & North Wales, Devon & Somerset, Kent, Leicestershire, Newcastle, and Surrey at just £80 plus VAT. Don't miss this opportunity to deepen your expertise with insights from top experts in the field!

NEW BUDGET SESSIONS SYNOPSIS

Navigating the Post-Budget Landscape for Private Clients

Join us as expert speakers Helen Forster and Edward Emblem offer insights into the Budget’s implications for private client practice. This session will provide analysis of significant policies affecting estate planning, tax obligations, and asset management.

Attendees will gain insights into Inheritance Tax (IHT) pressures, particularly with regard to the Agricultural and Business Relief Reforms including understanding the proposed adjustments, as well as changes in relief for AIM shares, particularly impacting family-owned farms and businesses. Pension and Death Benefit Adjustments will be covered, as will the HMRC compliance and process changes with questions around how HMRC’s increased investment in compliance might affect timeframes and intensify tax checks, aiming to ensure proper tax payment across estates.

In our second session, we will take a deep dive into the rules affecting Non-Domiciled individuals with a focused review of the FIG regime, Overseas Workday Relief (OWR), Trust Registration Framework (TRF), and relevant schedules affecting trusts and rebasing. The session will also explore Capital Gains Tax (CGT) developments and Anti-Avoidance Measures with an update on recent CGT changes, tax avoidance announcements, and areas that remained unchanged in this budget—but could represent potential future reform.

These sessions offer essential knowledge to help practitioners navigate the new policies with clarity and confidence, equipping them to offer informed, strategic advice in this evolving tax landscape.

The full programme for the event can be found on this flyer here

Alternatively, further information can be found at:  https://surreylawsociety.org.uk/training_events/csg-private-client-conference-private-client-perspectives-2024-navigating-legal-horizons/

Ticket Bookings at: https://www.tickettailor.com/events/thesurreylawsociety/1124974