VAT Compliance & Procedures

When? Wednesday 17th November 2021 09:30 - 14:30

Where? Webinar

No description available

How do you deal with your exports and despatches to elsewhere in the EU? Is Ex Works good enough to zero-rate your exports? What happens if you have no documentation to prove that you exported a consignment out of the UK? Do you know what the Reverse Charge system is, or even how VAT is charged on services elsewhere in the EU? And what about Triangulation? Even better, how good are you at Triangulation and do you know how to deal with Intra-EU Transactions? And, for that matter, if you are an importer, are you aware of Postponed VAT Accounting and its benefits to UK Importers?

New VAT rules apply to e-Commerce trade with the EU as from 1 July 2021. These will affect UK exporters.

The VAT man cometh. Are you prepared?

HMRC are targeting many companies to verify their VAT and export documentation and records, and are penalising those companies which cannot provide sufficient evidence of export. And at a UK VAT rate of 20%, that could seriously damage your wealth.

Now is the time to learn about how to ensure VAT compliance, especially in exports and imports, keep adequate records and know how to deal with all the issues mentioned above. Details of the course are below.

VAT (VALUE-ADDED TAX) & TRIANGULATION

What is VAT and what are the Types of VAT?

VAT Registration

The EORI

The VAT Return

Suppliers, Customers and Invoices

VAT Reliefs and Zero-Rating Conditions

VAT on Consignment Stock

Postponed VAT Accounting (PVA)

Northern Ireland VAT

EU VAT Registration and EU VAT Numbers

EU VAT and Dealing with VAT in other EU Countries

2021 EU VAT Changes

Triangulation

Brexit Implications

VAT & SAGE Accounting

E-Commerce

Record-keeping

Responsibility of the Trader

Individual half day courses cost £145.00 + VAT (members) / £195.00 + VAT (non-members)
A discount can be offered when booking 6 or more modules or booking 3 or more delegates on the same course.

To book a place, please download our Booking Form or contact our export team to discuss training.


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