The SOLAS Education Board is pleased to announce the reinstatement of the Tax Course, which was removed from the two-year programme in 2009.
Course Title: Executry Tax in Scotland
In partnership with Tolley
This course combines UK tax computations with Scottish executry procedures.
Aim
The course focuses on practical application, including:
- Forms C1 and C2
- R185 reporting
- Comprehensive tax packs
- Scotland-specific clinics covering legal rights, prior rights and survivorship scenarios
Course Content
- Introduction to executry taxation
- Income of deceased estates
- Dividends and interest
- Executor income tax computations
- Income distributions and R185 reporting
- Capital Gains Tax (CGT) treatment on death
- CGT during the administration period
- Reliefs, losses and planning considerations
- Chargeable estates and nil rate bands
- Inheritance Tax (IHT) computations and compliance
- Exemptions and reliefs (APR, BPR, spouse, charity)
- Interaction between IHT and CGT in administration decisions
- Integrated executry case studies
- Relief-focused scenarios
- Revision and mock assessments
Learning Outcome
This course is designed for employees of legal firms dealing with executry files and HMRC liaison.
No prior tax qualification is required, although a basic understanding of Scots Succession Law would be beneficial.
Delivery
The course will be delivered through:
- Online short lectures
- Worked examples
- Scotland-specific clinics
- Practical drafting and computation packs
