VAT Part 1 – An Introduction to UK VAT

This course covers the basics of VAT and key rules applicable to all businesses. It is designed to offer participants a thorough understanding of how VAT works, the registration process and how and when to complete VAT returns.

This course covers

How VAT works
Taxable supplies
Business and non-business income
What is a supply of goods or services
An introduction to “deemed” supplies
Time of supply
When VAT becomes due to HMRC
Input tax
Records and accounts
VAT returns...
... And much more.