Cumberland | Northern Society of Chartered Accountants

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Cumberland Society of Chartered Accountants AGM

An opportunity for you to meet members of the Cumberland Committee & find out what is planned.

Notice is given that the AGM of the Cumberland Society of Chartered Accountants will take place on 9 May 2022, at 16:30, virtually.

Event information

Event Information

Agenda

Apologies and Minutes of last Annual General Meeting held on 10 May 2021.
Committee members to stand down to be re-elected
Appointment of those joining the committee during the year
Any other business.

Nominations may be received from members for the vacancies on the Committee which occur and shall be deposited with the Honorary Secretary at least seven clear days before the Annual Meeting. Nominations should be forwarded C/o Joanne Lucking [email protected].

Cost

Rate	Cost
ICAEW Member	No Charge

Charities update with John Selwood

The course is an update covering the developments in Charity auditing and accounting.

The course covers all major recent changes and is suitable for accountants in practice and the charity’s accountant.

Event information

The course will cover:

The latest Charity SORP and any hot accounting topics for charities
Impact of the Charities Act 2011
Problem audit areas
Common disclosure errors
A refresher on the external scrutiny regime
Problems in reporting to the Charity Commission and whistleblowing
Problems arising for different types of charity
Accountants and audit reports
New developments

If you attend both the morning and afternoon (Accounts update) course a light lunch will be served.

Cost

Rate	Cost
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

The early bird rate will apply automatically at the checkout. Please note that the early bird rate ends 01 April 2020.

Payroll taxes update Cumbria with Rebecca Benneyworth

This course will update you on changes to payroll measures over the last 12 months.

This course will update you on changes to payroll measures over the last 12 months, and flag up any forthcoming changes to keep you right up to date. In April 2020 we are likely to see the introduction of off payroll working rules for all those working through intermediaries, and this will be a major change to deal with. Final legislation may be issued quite close to the commencement date so it is important to ensure that you can advise clients appropriately.

Event information

The course will cover:

Basic changes – PAYE and NIC thresholds; changes affecting the basic operation of PAYE and NIC; Scottish and Welsh income tax changes
Minimum wage update and plans for the future. Minimum wage compliance cases reported recently.
Changes to taxation of benefits in kind in the last 12 months; future changes that have been announced; amendments to earlier changes
Off payroll working – what are the rules; obligations on engagers; the Status Determination Statement; advising affected clients effectively
Director rates of pay – what are the issues this year?
Auto enrolment – re-enrolment

Cost

Rate	Cost
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Budget & Finance Bill 2020 Cumbria with Rebecca Benneyworth

This course will explain the content of the Budget and Finance Bill 2020 relevant to the general practice adviser; It will highlight areas of advice and issues to raise with clients.

Event information

The course will focus on the Finance bill, and is therefore dependent on the exact material in the legislation but is expected cover the following tax areas:
• Business and corporation tax
• Personal income tax including employment taxes and benefits in kind
• Off payroll working – the final version
• Savings and pension tax measures
• Capital gains tax – including changes to private residence relief
• Other capital taxes
• Tax administration.

The course is aimed at all practitioners and staff who work in tax and have a reasonable level of tax knowledge.

Cost

Rate	Cost
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Cumberland Charity Quiz

Cumberland Society of Chartered Accountants and Cumberland Chartered Accountant Students’ Society (CCASS) are joining together to host an exciting quiz event.

Event information

A friendly, fun quiz in aid of Eden Valley Hospice. There will be prizes for the winner! And we will be hosting a charity raffle on the evening.

No specific parking at the venue but is a 15 minute walk from Carlisle Train Station or free disc parking available on surrounding streets.

Cost

Rate	Cost
Price	£10.00

Corporation tax refresher and planning

The course is relevant for accountants both in industry and in practice, and tax advisers, who need an update on Corporation Tax, together with illustrations of Tax Planning opportunities available.

This very practical course will review all the latest Corporation Tax changes and developments, together with changes to the legislation, and the impact of recent case law. Case studies will illustrate the changes and provide practical planning tips.

Course information

A very detailed Corporation Tax refresher and an illustration of the latest Corporate Tax Planning areas available.

Course will provide:

A very practical refresher, relating to Corporation Tax.
Tax planning ideas and strategies to reduce the tax bill for the company and its owners.
Structuring the business, including incorporation issues
Capital allowances impact
Corporation Tax refresher
Tax refresher and planning for companies, and tax and NIC efficient extraction of funds from the company
R&D refresher and planning
The new Capital Allowances regime.
The new Structures & Buildings Capital Allowances.
The new Corporation Tax loss regime and group relief
What’s allowable expenditure for Corporation Tax trading purposes
Practical case studies
General overview

Cost

Rate	Cost
Price	£75.00 + VAT
Retired Member	£37.50 + VAT
Career Break Member	£37.50 + VAT

Accounts update – Penrith with John Selwood

An essential update for accountants who prepare company accounts.

This course will look at the current hot topics for the preparers of company accounts, particularly small companies. The session will focus on FRS 102, for small companies, and FRS 105 for micro companies, where relevant.

Event information

This is a topical course and its content will reflect that, but it is likely to cover:

Changes to FRS 102 and FRS 105
Update on eligibility for small company exemptions including group
situations, and other Companies Act changes
A refresher on the micro company accounting regime in Companies Act
2006 and the accompanying accounting standard FRS 105
Hot topics in FRS 102 for small companies
Companies House filing
Practical solutions to common issues

This course is aimed at accountants involved in the preparation of company accounts, particularly small companies, who wish to keep up to date with the latest accounting standards

If you attend both the morning and afternoon (Charities update) course a light lunch will be served.

Cost

Rate	Cost
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

The early bird rate will apply automatically at the checkout. Please note that the early bird rate ends 01 April 2020.

Audit update – Penrith

The course is aimed at all levels of staff involved in the audit of company accounts.

This is a topical course that aims to keep auditors up to date with: Future changes in standards and legislation relating to audit, practical problems for auditors today, the impact of recent changes and how to best comply and feedback from the regulators and professional bodies.

Course information

Using case studies the update will be practical and designed to help auditors better understand the real world impact of current issues. Being a topical course the precise content will be dictated by current events but it is likely that the following issues will be covered:

New ISAs
The impact of the FRC Ethical Standard
Feedback from ICAEW monitoring
ICAEW guidance on the audit report
Issues relation to audit evidence being sufficient ad appropriate

Attending both sessions?

If you attend the morning and afternoon session lunch will be provided.

Cost

Rate	Cost
Price	£75.00 + VAT
Retired Member	£37.50 + VAT
Career Break Member	£37.50 + VAT

Chairman’s supper – Cumberland Society of Chartered Accountants

Join Clare Garrison and Jayshree Naveen for the Cumberland Society’s Annual Chairman’s supper

Event information

Come and join the Cumberland Society of Chartered Accountants for a three course meal (including bottle of wine on the table) at Franco’s Ristorante.

It is planned to be a great evening to socialise with your fellow chartered accountants and any guests.

Grab your colleagues or former colleagues, anyone you know in industry and make a night of it.

Cost

Rate	Cost
Price	£22.92 + VAT

Farmers – an update with Bob Trunchion

Anyone needing an update into the sector as it goes through a period of dramatic change.

A course to review and provide an update on the particular UK accounting and tax regime applicable to farmers. The course identifies some of the controversial and risk areas of tax planning and compliance for these clients.

Course information

Content will include:

Where is farming today – diversification and tax impacts
Succession planning, partnership agreements, divorce and death!
Where are we on Brexit and the consequences for Agriculture – The Agriculture Bill
Loss reliefs general and special legislation – “all one trade”, averaging etc – the HMRC attacks on losses
Capital expenditure reliefs
Basic payments and their phasing out and other subsidies
Alternative farming arrangements – Share Farming and Contracting
Farmhouses and IHT planning
Where are we with BPR and APR with relevant case updates
Entrepreneurs Relief and CGT planning
The potential for Compliance checks and enquiries