The A-Z of Your VAT Return!

Venue:
Online
 
Date:
25/09/2024
 
Note:
By booking this event you agree to share your contact details with the training supplier.
 
Time:
09:30-13:00
 
Category:
Management Development
 

A practical, easy-to-understand, and jargon-free course to help you fully understand your obligations about registering and completing your periodic VAT returns. Using worked examples and step-by-step illustrations, we will walk you through how to complete the various forms and maintain compliance with the rules.

This event is no longer available
 

The A-Z of Your VAT Return!

 

Topics covered include:

  • An overview of how the Value Added Tax (VAT) system works
  • Registration process and turnover limits
  • Various rates of VAT and categories to which the activities apply
  • How to calculate VAT
  • How to complete the periodic and annual forms and stay compliant
  • VAT payments methods
  • When you might be eligible for a refund of VAT
  • Buying plant and equipment/treatment of VAT
  • Importance of electing for "cash receipts basis" -v- VAT on invoicing
  • Penalties and what to be aware of when registered
  • Q and A with a practicing accountant