International VAT Training
This seminar explains how a UK organisation should account for VAT on its transactions with overseas customers and suppliers. Organisations which have a presence in more than one of the member states of the European Union may additionally benefit from the LIVE online seminar EU VAT and Cross-Border Trade.
The seminar will help people understand the major effects that the European Union and International Trade have upon the VAT administration of a UK organisation, and it clearly illustrates the procedures and controls to be implemented to comply with the requirements.
It demonstrates how to account correctly for VAT on the acquisition and despatch of goods and related services between member states of the European Union, and on the import and export of goods from and to non-EU countries. The seminar also addresses the issues associated with international services, such as place of supply, VAT liability and the reverse charge. It illustrates the completion of the VAT return, EC Sales Lists and Intrastat, and explains the rules for reclaiming input tax in the other 26 countries of the EU.
Free subscription to the VAT Resource Centre
Each person attending this seminar will receive a free subscription to The VAT Resource Centre for one month. This facility gives you 24 hour online access to critical information about VAT. It contains an electronic copy of the 2012 edition of The Authoritative and Complete Guide to VAT written by Peter Hughes who is a foremost expert in VAT.
 The course answers the following questions
- What is the VAT treatment of the sale of goods to a VAT-registered person in another EU country?
- What is a distance sale?
- What is acquisitions tax?
- How do triangular transactions work?
- How do you complete an EC Sales List?
- What information should be included on an Intrastat form?
- What is the VAT treatment of an export?
- What is import VAT and can you reclaim it?
- What is the general rule for the supply of international services, and what are the exceptions?
- Do you need to be aware of any special rules when you are purchasing services from an overseas supplier?
- What is the reverse charge procedure?
- How do you reclaim VAT paid in another EU country?
 This seminar is also presented LIVE over the Internet.
If you would like to take the travel out of training then you can attend this seminar online. See the list of dates for a LIVE online presentation.
Online presentations are delivered in two sessions on consecutive afternoons. Each session lasts three hours.
For details of other VAT seminars please click here.
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