VAT - calculation and recovery
Learn how to deal with VAT losses, including their recovery.
Course Type
E-learning
Length
1 - 3 hours
What you’ll achieve
When you've completed this course, you will understand how to:
- Compute VAT liabilities and recover input VAT within regulatory limits.
- Apply VAT rules to business activities, including complex scenarios like apportionment for dual-purpose supplies.
- Handle blocked input VAT scenarios, such as business entertainment and motor vehicle purchases.
- Adjust VAT for bad debts and utilise schemes like cash accounting for automatic relief.
- Accurately calculate VAT amounts in both VAT-inclusive and VAT-exclusive pricing contexts.
About this course
This course takes you through the computation of VAT liabilities. It also explains how to deal with VAT losses, including their recovery.
This course is made up of videos, questions and additional reading materials.
Accounting and finance professionals managing VAT for businesses; small business owners seeking to understand VAT compliance; professionals advising on VAT recovery and liability issues.
Overview
E-learning |
|
1 - 3 hours |
|
VAT |
Syllabus
The course covers the following areas:
- VAT Liability Computation
- VAT Recovery Rules
- Impairment Losses and Bad Debt Relief
- Practical Applications of VAT.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.