Advanced Certificate in Taxation of Trusts and Estates (Scotland)

What does this qualification cover?

• Income tax in the period to the date of death and during the administration of an estate
• Income tax rules applicable to trusts
• Capital Gains Tax (CGT): introduction
• CGT: in the period to the date of death and in the administration of the estate
• CGT: rules applicable to the administration of trusts
• CGT: the family home and other land including high value UK residential property (ATED)
• Inheritance tax (IHT) on lifetime transfers
• IHT - Agricultural Property Relief and Business Property Relief
• The charge to IHT on death: exempt transfers and the burden of tax on beneficiaries
• The use of disclaimers and deeds of variation in relation to IHT and CGT
• The regime for taxing trusts
• Self-assessment: practice and procedure
• The foreign element: residence and domicile
• The administration of capital taxation and penalties

How is it delivered?

The programme is delivered through a combination of online learning and two online workshops and will take four months to complete. We recommend that you spend four to six hours per week on private study for the four months prior to the examination.

Completing the programme successfully will validate your competence and enhance your expertise in:

• describing the responsibilities of personal representatives
• managing testate, intestate, solvent and insolvent estates appropriately
• understanding the potential issues around estates which involve foreign wills or property

Who would find this qualification useful?

This Advanced Certificate is suitable for a wide range of practitioners and counts towards the STEP Diploma.

What are the entry requirements?

Admission depends on meeting the Entry Level requirements, outlined in the Qualifications and Membership Framework.

How long will it take to complete

Advanced Certificates take six months to complete from enrolling to sitting the examination.

How much will it cost?

For fee information please visit the CLTI website.

Where and when is it available?

This course is available in Scotland only. For full details visit the CLTI website.

What are the course dates?

For full course dates visit the CLTI website.

Find out more information on enrolment

For enquiries on course enrolment please contact CLTI at [email protected] or +44(0)121 362 7733. For any other queries regarding professional development please email STEP at [email protected].