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.

Course fee: £95


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


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


  • Understand the components of preparing an accurate VAT return
  • Ensure your business is meeting the requirements for VAT invoices and other records
  • Learn about the international aspects of UK VAT
  • Increase awareness of the impact of VAT on your business’ cash flow

Email or call 028 9590 2963 to register your interest in attending an Extratax Training course.



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