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- Understand the UK tax system (individuals and trusts)Income Tax: sources, liability, allowances, reliefs, employee benefits, taxing priorities, trust/beneficiary/settlor income
- Understand the UK tax system (individuals and trusts)NICs: employer/employee/self-employed liability, contribution levels, voluntary NICs
- Understand the UK tax system (individuals and trusts)CGT: liability, rates, disposals, gains/losses, reliefs & exemptions, trust gains
- Understand the UK tax system (individuals and trusts)IHT: liability, transfers, NRBs, rates, reliefs & exemptions incl. gifts to charity/political parties, trust assets
- Understand the UK tax system (individuals and trusts)Residence: SRT, UK ties, long-term UK residence status, impact on IT/CGT/IHT
- Understand the UK tax system (individuals and trusts)UK tax compliance: self assessment, PAYE, returns, payments, evasion & avoidance
- Understand the UK tax system (individuals and trusts)Stamp Duty, SDRT and SDLT: transactions, rates, main reliefs
- Understand the UK tax system (individuals and trusts)VAT and Corporation Tax (outline)
- Analyse the taxation of investmentsDirect investments: cash & equivalents, gilts, corporate bonds, equities, property
- Analyse the taxation of investmentsPension arrangements (taxation of)
- Analyse the taxation of investmentsISAs and other savings accounts
- Analyse the taxation of investmentsOnshore/offshore collectives and investment companies
- Analyse the taxation of investmentsOnshore/offshore life policies, qualifying & non-qualifying, adviser fees on tax-deferred withdrawals
- Analyse the taxation of investmentsREITs
- Analyse the taxation of investmentsVCTs, EISs, SEISs (basic outline)
- Analyse the role of tax in financial affairsImpact of taxes on individuals, trusts and investments in different situations
- Analyse the role of tax in financial affairsTax planning: spouses/civil partners, children, pensions, ISAs, CGT reliefs; lifetime gifts, business relief, wills & trusts, joint tenancies, tenancies in common, deeds of variation; gifting/selling investments incl. charities
- Apply personal taxation to investment adviceComputations: IT & NICs, CGT, IHT incl. lifetime transfers and death
- Apply personal taxation to investment adviceElementary tax planning recommendations (investments AND pensions advice)