VAT basics

Professional Development

Overview

This course is suitable as a starter course for trainee administrators looking to increase their knowledge, and anyone hoping to refresh their knowledge, of the basics of UK VAT.


Suitable For

This session is suitable for those people who are relatively new to the finance industry.

2 CPD hours
2hours
Jersey

This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.

Learning Outcomes

Having attended this course, delegates will:

  • Understand the basics of UK VAT
  • Have a basic understanding of how this is implemented

SESSION CONTENT

  • Basics of VAT including:
  • Registration rules
  • Zero-rated and exempt supplies
  • VAT invoices
  • Penalties for non-compliance
  • VAT on property including the option to tax, the capital goods scheme and imports and exports