The third and last 2024 update of all things to do with rural tax, including the August Tax Bill. Among other things in this Bill are proposals to:

• Codify a generic response to extreme adverse events. Included in this is a proposal to spread the income from the forced disposal of livestock that is very welcome
• Enact several technical livestock tax changes
• Clarify a number of provisions that may affect farmers.

Current IRD commentary and activities will be covered, as will the latest adverse event declaration – for both too much water and not enough water.

We will also consider from the primary sector perspective the Government’s tax policy work programme, released in mid-November.

Upon satisfactory completion of this course, you will be able to:

• advise clients about the prospective tax changes
• discuss with authority current IRD activity and how it may affect clients.

This course will be suited to:
Accountants in public practice and their tax aware staff and tax aware corporate accountants. It will not be a heavy-duty technical course.

1.25 CPD hours

PRESENTER

Jim Gordon, Director, Jim Gordon Tax Ltd
Jim Gordon FCA started preparing farm accounts in 1974. He has been involved with almost all of the primary sector tax reforms since 1986. Jim brings a wide range of both theoretical and practical experience to his presentations.