International VAT - goods and services

Including planning to minimise VAT costs

All accountants dealing with international supplies of goods and services and needing to understand how VAT operates on transactions both within and beyond the European Union.

• An understanding of the structure of VAT under European law.
• An overview of how VAT operates in some of the UK's main EU trading partners.
• Knowledge of how the tax impacts on international supplies of both goods and services.
• In depth examination of the rules relating to the various types of overseas services.
• Insight into ways of planning to minimise VAT costs.

This course assumes a basic understanding of VAT, and deals with the most commonly encountered international aspects of the tax. 

The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will bring their subject to life by relating the course content to real life case studies.

• How VAT is accounted for on transactions both within a country and outside.
• The scope of VAT, and the various standard rates applicable.
• The operation of zero and reduced rates in different countries.
• Variations in the use of the 'option to tax' in land and financial transactions.
• The obligation to register for VAT, and how this varies in other countries.
• Movements of goods within the EU, including special reliefs such as triangulation.
• Imports and exports of goods (outside the EU).
• The rules on making and receiving cross border supplies of services from 1 January 2011.
• Accounting for the reverse charge on goods and services.
• The tour operators' margin scheme.
• Refunds of out-of-state VAT.
• Recent developments and cases in international VAT.

The course starts at 9.30am, with registration and coffee from 9.00am, and ends at 4.30pm. Lunch and refreshments are provided.

5.5 CPD hours (where applicable) 

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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