STEP - Advanced Certificate

STEP Advanced Certificate in UK Tax for International Clients

STEP Advanced Certificate in UK Tax for International Clients
Credits Awarding Body STEP
Credits Awarded 30
Credits Awarded Level Diploma-Level

This course covers the UK tax issues that need to be considered when advising private clients who have an international element in their affairs. This area of law has undergone significant changes in recent years. 

Course purpose

The course deals with what a private client expert needs to know to understand the impact of UK Tax on three particular client groups: a non-UK domiciled UK resident individual; trustees, settlors and beneficiaries of a non-UK resident trust; and participators in a non-UK holding company. The aim of this course is to support delegates looking to acquire a sound understanding of these complex rules.

You will be able to

  • Describe accurately the concept of domicile.
  • Give guidance on a client’s residence status.
  • Identify where trusts and companies are resident.
  • Discuss the details of income, capital gains and inheritance taxes and their relevance and application to the international client.
  • Demonstrate to international clients how they can benefit from the ‘remittance basis’.
  • Identify both ‘elephant traps’ and wealth preservation opportunities in dealing with international client tax planning.
  • Explain the potential benefits and pitfalls of offshore trusts and offshore holding companies for the international client and advise them upon the income, capital gains and inheritance tax consequences.

Course audience

  • Tax Advisors
  • Accountants
  • Lawyers/Solicitors/Attorneys
  • Trust Managers
  • Wealth Managers
  • Trustees/Fiduciaries
  • Trust Assistants/Officers/Administrators
  • Corporate Administrators
  • Compliance Officers/Managers
  • Financial/Estate Planners

Features

  • Ideal for professionals who deal with non-UK domiciled clients or non-UK resident trustees, and professionals working outside of the UK who need a more detailed understanding of the tax position of their UK-connected international clients. 
  • Can be taken as a standalone qualification or as part of the STEP Diploma in Tax and Estate Planning which fulfils the education requirements of full STEP membership.
  • Provides students with the ability to grow their own professional network, interact with students online from a range of professions, build relationships and share study tips/support as a cohort.
  • Provides 30 Diploma-Level credits towards STEP membership.

Format, Delivery and Assessment

This course is available for study twice annually, with intakes beginning in January and July (and assessments taking place in May and November). The programme is delivered online with access to three virtual classrooms 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.

Enrolment onto this course will include the following:

  • access to the online learning platform containing:
    • bespoke course reading
    • webinar support
    • self-assessment material
    • distance learning support
  • three live virtual classrooms
  • assessment fees.

The course is assessed by way of a three-hour closed-book written examination, based on a pre-seen case study which is released 48 hours ahead of the examination. The questions will be drawn from across the syllabus and candidates must achieve 50% in order to pass the Advanced Certificate. 

Once you have successfully completed this course, you will gain 30 Diploma-Level credits towards STEP membership and be awarded the STEP Advanced Certificate in UK Tax for International Clients.

Course Schedules

Course Timetable - May 2021

Course Timetable - November 2021

Please note all courses until end December 2020 and throughout 2021 are being delivered fully online. Please visit ‘2021 Delivery’ for further information.

Fees and Booking

To enrol for this course, you must select your preferred course start date and the corresponding events and location.

The STEP discounted fee applies only to students with Full STEP Membership.

Course Start Date Book Course
July 2021 845.00 795.00

Select your options

Awarded By

STEP

Delivery

Online Only

Duration

4 Months

Entry Criteria

60 Entry-Level Credits

Note: Applicants must have obtained 60 STEP Entry-Level credits to enrol onto this course or be a member of STEP. Visit STEP's Qualifications and Membership Framework to understand how to apply.

Students enrolling for this course must have an understanding of the basic tax rules as they apply to UK clients and basic trust law.

Assessment

Examination

Tutors

Jenny Wilson-Smith

Jenny Wilson-Smith TEP is an associate solicitor at leading private client firm Boodle Hatfield LLP.

Megan Saksida

Megan qualified as an ICAEW Chartered Accountant in 1993 and started lecturing almost immediately; firstly in the training department in the firm she was with and then externally. She is also qualified as a Chartered Tax Accountant (CIOT) and a trust and estate practitioner (STEP).

Course Enquiry Form

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