Course Summary

Duration1 hour

PresenterJohn Murphy

Course Overview

This course will cover the following topics:

  • Review of the basics:
  • What is defined as farming?
  • Income averaging
  • Stock relief
  • Stock valuation
  • Farm losses
  • Capital allowances
  • Farm leases
  • VAT
  • Implications on transfer/sale of farm
  • Incorporation of farms – taxes to consider – implications?

 


CPD Course Facilitator

John Murphy: Tax, Corporate Restructuring and Practice Support, OmniPro

As a lead member of our technical support team, John relishes problem-solving to help accountants develop innovative client solutions and sharing technical knowledge on tax, financial reporting and auditing.

A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring and exit planning to Revenue audits. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring.

John also plays a key role as a researcher and subject-matter expert in developing OmniPro information products such as the CompaniesAct2014.com and FRS102.com. As a speaker at OmniPro CPD events, he brings these industry-leading insights to accountants participating in our training programmes.