UK VAT basics

Professional Development


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.

Online Classroom

online classroom

This course will be delivered through Online Classroom Live.

Please read our Online Classroom for Professional Development FAQ

Suitable For

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

25 Jun 2020    View session times
25 Jun 2020    09:30 - 11:30
2 CPD hours
2 hours

UK VAT basics

Date: 25 Jun 2020
Time: 09:30 - 11:30

Cost: GBP 120

Learning Outcomes

Having attended this course, delegates will:

  • Understand the basics of UK VAT
  • Have a basic understanding of how this is implemented
  • Understand the eligibility and benefits of different types of VAT accounting including cash accounting and annual accounting

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