The aim of this course is to help business owners understand their obligations in relation to VAT registration, charging and claiming of VAT and VAT returns. You will learn about VAT thresholds, VAT rates, record keeping, calculations and the VAT returns that must be submitted to Revenue.

Participants will also gain knowledge of submitting a VAT 3 on ROS.

Course content:

a) Registering for VAT – Why? When?

b) VAT Thresholds and Rates

c) The books and records that must be kept and for how long

d) VAT on EU transactions

e) VAT on UK transactions (post-Brexit)

f) VAT calculations

g) The VAT returns – VAT 3 and RTD

h) ROS Demo on submitting a VAT 3

i) An opportunity to ask specific questions of the tutor