Programme Aim:

The aim of this course is to help business owners understand their obligations in relation to VAT registration, VAT thresholds, VAT rates, record keeping, calculations and the VAT returns.

Course content:

• Registering for VAT – Why? When?
• VAT Thresholds and Rates
• The books and records that must be kept and for how long
• VAT on EU transactions
• VAT on UK transactions (post-Brexit)
• VAT calculations
• The VAT returns – VAT 3 and RTD
• ROS   Demo on submitting a VAT 3
• An opportunity to ask specific questions of the tutor