VAT Key Risk Areas - An Experts View
- Level
VAT Key Risk Areas - An Experts View
Starting dates and places
This product does not have fixed starting dates and/or places.
Description
Course Aims and Objectives
At a rate of 20% and subject to stiff penalties for any careless errors, VAT represents a key risk factor in most businesses. Whilst the traditional focus has been on creating VAT efficiency, one of the most inefficient situations imaginable is simply getting VAT wrong and being left shouldering unexpected liabilities and penalties. This course focuses on key risks thrown up by this maverick and illogical tax. The objective is to tip you off about common sources of error and to help you think in terms of the risk profile of the tax.
The course will include
- Focus on risk in the following areas:
- Registration
- VAT Groups
- Timing of the Tax
- International goods transa…
Frequently asked questions
There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.
Course Aims and Objectives
At a rate of 20% and subject to stiff penalties for any careless errors, VAT represents a key risk factor in most businesses. Whilst the traditional focus has been on creating VAT efficiency, one of the most inefficient situations imaginable is simply getting VAT wrong and being left shouldering unexpected liabilities and penalties. This course focuses on key risks thrown up by this maverick and illogical tax. The objective is to tip you off about common sources of error and to help you think in terms of the risk profile of the tax.
The course will include
- Focus on risk in the following areas:
- Registration
- VAT Groups
- Timing of the Tax
- International goods transactions
- Imported Services
- Entertainment
- Cars
- Related party transactions
- Sharing costs
- Land & Property focus
- Charity focus
- Partial exemption and other apportionment situations
- Error disclosure rules
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Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.