Tax planning for the family business (July 2026)
Timing: 09.30-12.45 (UK time)
AAT Masterclass: A practical update on tax planning for advisers working with family owned businesses
Exclusive discounts for AAT members: From £81.00 to £90.00 (Non-members £126.00)
You will be redirected to an external site for booking.
Course Type
Live online course
Date
09 Jul 2026, 09.30
Length
3 - 5 hours
What you’ll achieve
- identify key tax planning opportunities for family businesses
- understand the impact of upcoming NIC, CGT, and IHT changes
- evaluate business structures and succession options
- incorporate VAT and compliance updates into wider planning.
About this course
Prepare family businesses to face the recent inheritance tax changes with this practical update. You’ll explore how tax developments affect family owned businesses, from extracting profits efficiently to planning for succession and inheritance. The session will also review the impact of the business tax changes introduced in November 2025.
Using case studies and worked examples, the session focuses on how the rules apply in practice, helping you make confident, informed decisions and plan ahead for your clients. You'll have a stronger understanding of the current tax landscape and the key considerations to keep in mind when advising family businesses.
This course is aimed at finance professionals working in practice as well as those in industry who are involved in tax advice or tax planning for their client’s businesses or organisations, who are familiar with the taxation system for 25/26 and need to update their knowledge.
Meet the Speaker(s)
Tim Palmer
Tim Palmer
Tim Palmer is one of the UK’s best known and popular tax presenters. He lectures frequently all over the UK, three or four times a week on a wide variety of taxation topics. He has been presenting tax lectures for over 30 years now! He also writes regular magazine articles for the leading taxation publications.
Alongside his lecturing, Tim also provides tax consultancy services, and specialist tax advice. Previously Tim Palmer was a senior Tax Manager with Howarth Clark Whitehill LLP, advising on all areas of tax and NIC for the firm to their clients. He was also a member of the tax department of P&O where he specialised in Corporation Tax and the Construction Industry.
Read moreOverview
Live online course |
|
3 - 5 hours |
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Business Tax |
Syllabus
This masterclass will cover:
• Tax and NIC planning for the family business
• planning for the increased employer’s national insurance contributions
• extraction of funds from the family company
• capital allowances changes in practice
• the best structure for the business
• benefits in kind update and planning
• bringing in family members into the business
• rewarding the owners in a tax efficient manner
• liquidating the company
• CGT planning
• planning for the IHT business tax changes that come in on 6th April 2026
• practical case studies
• VAT Business Update & Planning
• recent changes in practice regarding close company loans to participators
• questions and answers session.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.