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Event Information

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Location

Innovation Factory

385 Springfield Road

Belfast

BT12 7DG

United Kingdom

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Refund Policy

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Eventbrite's fee is nonrefundable.

Event description
Practical VAT training designed for finance professionals to improve their understanding of UK VAT.

About this Event

This half-day course is ideal for finance professionals working in industry or practice wishing to improve their understanding of UK VAT and how to make practical improvements to VAT processes.

It is a small group session (max 15 participants) designed to facilitate discussions on common VAT issues and encourage networking.

Benefits

  1. Improve understanding and application of VAT principles to increase accuracy & avoid costly errors
  2. Increase appreciation of questions to raise about VAT & the best ways to get the answers
  3. Understand how to improve VAT record-keeping and processes to minimise the risk of HMRC penalties
  4. Demystify VAT and appreciate its impact on cash flow

Topics covered on Practical VAT include:

  • The fundamentals of UK VAT
  • Registering for VAT
  • Applying the rates of UK VAT
  • Zero rate versus exempt supplies
  • Time of supply rules
  • Charging VAT on sales & invoicing requirements
  • Reclaiming VAT on purchases & documentation requirements
  • Restrictions on reclaiming input VAT
  • Bad debt relief
  • VAT set-up in accounting systems
  • Processes & procedures for completing a UK VAT return
  • The impact of Making Tax Digital (MTD) for VAT
  • Place of supply rules for goods & services
  • Buying & selling outside the UK
  • Reverse charge for EU goods and services
  • Importing and exporting outside the EU
  • HMRC approach to VAT audits & penalties
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Date and Time

Location

Innovation Factory

385 Springfield Road

Belfast

BT12 7DG

United Kingdom

View Map

Refund Policy

Contact the organizer to request a refund.

Eventbrite's fee is nonrefundable.

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