CLT
 

VAT - Partial Exemption for Housing Associations
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COURSE OBJECTIVES: The course is designed to provide a detailed explanation of the principles of partial exemption as it applies to housing associations and bring clarity to the complicated rules.


At the end of the course participants will have a clear understanding of how partial exemption works and how the recovery of VAT can be maximised through its application. Their awareness of VAT-saving possibilities will be heightened especially through the explanation of apportionment methods and how to identify the most suitable one.


COURSE CONTENT


Specifically, the course will cover:


  • An introduction to the basic principles of partial exemption applicable to housing associations

  • Direct attribution: how to decide when VAT is fully recoverable and when it is fully irrecoverable

  • The standard method of apportionment – how it works, its advantages and pitfalls

  • Special methods of apportionment – a comparison of different types of special method and how they work

  • Other common pitfalls and problem areas

  • The capital goods scheme.


WHO SHOULD ATTEND


  • Housing association finance staff at all levels, whether or not they have responsibility for completing VAT returns

  • Development staff who often have to make key decisions with significant VAT implications before finance staff are involved

  • Those who work with or advise housing associations


Would you like this course run in-house? Call us on 0207 566 8207 to find out more


Nick Lawrence spent several years with HM Customs & Excise in the UK, specialising in partial exemption, before joining a medium sized accountancy firm in 1988 where he advised on all aspects of VAT and was latterly chairman of the national VAT committee. In January 1995, he started his own business, working from home. Nick has provided regular consultancy and training services to a wide range of clients in the UK and abroad. He has particular expertise in partial exemption, land and property, charities and social housing. Nick has also lectured extensively on VAT issues around the world and assignments have included the USA, Canada, Vietnam, Nepal, Sweden, Hungary and the Netherlands, as well as the UK. Nick was also the author of two books on VAT and served on the Editorial Board of the International VAT Monitor published by the International Bureau of Fiscal Documentation based in Amsterdam. Nick has an honours degree in Spanish with Portuguese from the University of Birmingham (2:1) and also ha
Fees (ex VAT)

Member Fee £150.00

Non Member Fee £275.00
Locations & Dates
09/10/2012 - London (09:30 am - 12:45 pm)   Speaker & Venue Details BOOK >>