Live online course

VAT update

Timings: 09.30-16.00 (UK time)

AAT Masterclass

Boost your practical understanding of VAT and stay compliant with the ever-evolving VAT regulations.

Competitive discounts

AAT members are entitled to exclusive discounts on AAT online masterclasses:

From £122 to £135 (Non-members £189)

You will be redirected to an external site for booking.
£135.00

Course Type

Live online course

Date

13 Jun 2024, 09.30

Length

1 day

What you’ll achieve

This masterclass will provide you with expert advice on all the latest VAT updates, including:

  • insights into crucial compliance requirements
  • stay current with evolving regulations
  • acquire practical knowledge to effectively advise clients on VAT matters
  • elevate your professional expertise in handling the intricacies of VAT.

About this course

Stay ahead of the curve as we delve into the latest changes and nuances in VAT. Our expert speaker Simone Hurst will guide you through recent updates and compliance essentials and the potential impact on finance strategies.

Gain valuable insights to navigating the evolving VAT landscape with confidence. Don’t miss this opportunity to enhance your expertise and ensure you remain compliant.

Who it's for

This masterclass is ideal for all those working in practice who offer VAT services to clients. In addition all those who need to understand the latest VAT regulations as part of their role.

Meet the Speaker(s)

Simone Hurst

Simone Hurst

Simone Hurst

Expert speaker Simone Hurst first ventured into all things VAT back in 1991 as a VAT Inspector in HM Customs and Excise and was one of the youngest ever direct entrant Officers in the UK.

Simone thrives on the intricacies of VAT and its surrealness at times and she strives to put this into plain English, practical advice. 

Read more

Overview

Live online course

1 day

VAT

Syllabus

Session 1: 9.30–11.00

The VAT treatment conundrum of export of services

This subject can be pretty complex, and it’s always worth a recap of the rules starting at the basics in order to aid understanding.

Hence in addition to thinking about what an export of services actually is for these purposes, we will also think about the term place of supply and what that means before we move on to:

  • the three stages for determining the VAT treatment of an export of services
  • the default VAT treatment for an export of services
  • special rules - what are they and how do they work?
  • VAT treatment of some of the more common special rules including real life scenarios
  • interaction with other countries rules
  • when is a consultant not a consultant?
  • invoicing requirements
  • reverse charge.

Session 2: 12.00–13.30

VAT update

Follow us into the world of VAT in 2024 so far, where we’ll explore any changes that have taken place, and delve into some recent case law and think about the issues these cases brought up.

This session will also focus on VAT registration and artificial separation of business otherwise known as disaggregation given the recent increase in the VAT registration threshold.

Session 3: 14.30–16.00

VAT recovery restrictions

To claim VAT as input tax or not to claim, that is the question. Input VAT recovery has a number of restrictions, some more straightforward than others.

In this session we’ll look at the different restrictions and how they apply practically.

  • Private use v Non-Business - what is the difference and how do these restrictions work?
  • Exemption
  • Capital Goods Scheme
  • Employee expenses

How to access

Purchase securely online, and we’ll send you further instructions and your receipt explaining how to access the training ready for the live training.

Meet the sponsor: Xero

Xero makes invoicing and accounting quick and easy. Join this digital showcase to find out how Xero software can help provide a digital solution to your accounting needs.

Xero is a cloud-based accounting software platform for small businesses has 3.5 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data anytime, anywhere and on any device.

Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other financial partners.  In 2020 Xero was recognised by IDC MarketScape as a leader in its worldwide SaaS and cloud-enabled small business finance and accounting applications vendor assessment.

Join over 200,000 accountants and bookkeepers using Xero in their practice

VAT update
Live online course

VAT update

1 day

£135.00 Book Online