Accounting and Tax - Directors' Transactions and RPTs
This seminar will high all the important rules and how to ensure compliance in the areas of directors' and related party transactions.
Description
Directors’ and related party transactions are a challenging area for accountants and auditors. There are important legal requirements concerning which transactions are allowed – and which require disclosure. This seminar will high all the important rules and how to ensure compliance. Topics covered include: Legality – which directors’ transactions require approval, and which simply aren’t allowed, Illegal dividends – key legal and disclosure considerations and tax implications of such payments, Related party definitions in FRS 102 – who’s related to who and is this the same as for tax purposes? Disclosure rules for micro, small and larger entities, Pipeline changes – the likely impact of the periodic review of FRS 102, The tax angle on remuneration strategy for directors and other common transactions, Compliance issues for directors including transfer of corporate liabilities
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