COURSE OBJECTIVES: This one-day course gives in-depth, practical guidance on all the UK VAT legal, invoicing and reporting requirements of such trade, including completion of UK VAT returns, European sales listings and Intrastat returns. The course also highlights the danger areas for unforeseen VAT registration or obligations in other member states arising from such trade.
COURSE CONTENT
Trade in Goods with VAT Registered Businesses in
Other Member States
- Zero rated despatches
- Acquisition VAT - who should account for it and how
Danger Areas
- Supplies, deemed supplies and deemed acquisitions - liability to register for VAT in other member states
- Triangulation and chain transactions
- Supply and install contracts
- Process and repair contracts and simplifications
Special Schemes
- Distance selling (including mail order)
- Sales to non-registered legal persons
- Supplies of new private means of transport
- Fiscal warehousing
- Second hand margin scheme goods
- Internet trade
UK Record Keeping and Reporting Requirements
- In depth guidance/workshop on completion of VAT returns
- European Sales listings
- Intrastat returns
WHO SHOULD ATTEND
This course is for businesses which trade in goods with other member states of the EU, including via the internet, and which need to know the detailed VAT rules and reporting requirements.
"The speaker is an excellent presenter, very good at making complex areas understandable and keeping the audience interested."
Would you like this course run in-house? Call us on 0207 566 8207 to find out more