He will be looking at the optimisation of members’ individual tax positions.
This session looks at both simpler and more complicated scenarios, highlighting potential issues (tax and commercial) that should be planned for in advance.
The session will cover:
- Allocation of trading losses between members
- Restrictions on allocating losses (and profits) to corporate members and other issues for mixed partnerships
- Notional profits and losses – reallocation and commercial issues
- Restrictions on sideways loss relief by members