COURSE OBJECTIVES: This course is designed to introduce participants to the considerable impact VAT has on housing associations and give them a basic understanding of how it works.
It is intended primarily for those with little or no knowledge of the subject, but could also be a useful refresher for those with some experience. At the end of the course, participants should not only understand the basic requirements for VAT compliance but also have an awareness of some areas where savings can be achieved.
COURSE CONTENT
The Principles of VAT Applicable to Housing Associations
- Things you must know
- Things you must do
A Full Explanation of the VAT Treatment of Relevant Land and Property Transactions
The VAT Implications of Other Housing Association Activities such as:
- Shared ownership schemes
- Right to acquire transactions
- Managing other schemes as agent
- Service charges
Partial Exemption
- How it works
- The standard apportionment method
- Special apportionment methods
- The capital goods scheme
Current Problem Areas
- How to deal with them
- How to turn them into planning opportunities
WHO SHOULD ATTEND
- Junior finance staff, especially those just starting to deal with VAT in a housing association context.
- Development staff who often have to make major decisions with VAT implications before finance staff are involved.
- More experienced personnel and professionals working with housing associations who require a refresher course.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more