VAT - planning, pitfalls and property

This course will be of benefit to accountants and other finance professionals who already have an understanding of the basics of VAT, but would like to be able to plan to mitigate exposure to the tax.

An understanding of the key business areas where planning can improve the bottom line and the common pitfalls to be avoided. Important areas covered include:

• managing the VAT effect of exempt supplies
• the effect of recent cases on input tax recovery
• developments in VAT on international supplies.

Insight into the ways in which VAT impacts on transactions involving property, including:

• the construction, conversion and renovation of buildings
• issues faced by owners or occupiers of buildings
• for commercial buildings, how to use (or revoke) the option to tax to best effect
• for residential property, how planning can ensure that the benefit of zero rating or reduced rating is maximised.

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

• Managing registration, and the use of VAT schemes.
• Gaining the best results from partial exemption.
• The VAT implications of single and multiple supplies.
• How to maximise the recovery of input tax.
• Changes to overseas supplies of goods and services.
• VAT planning for charities and similar bodies.
• Transfers of going concerns and cash flow planning.
• When landlords, property owners and developers must charge VAT and when they can reclaim it.
• Which building services are standard rated, zero rated or reduced rated.
• Using or revoking the option to tax.
• Planning techniques to mitigate VAT on property and construction.
• Recent VAT cases and other developments.

The course will start at 9.30am, with registration and coffee from 9.00am, and end at 4.45pm. 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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