COURSE OBJECTIVES: This one-day course offers detailed, practical guidance on the recovery of VAT on expenses and the treatment of expenses for PAYE and NIC compliance purposes. It highlights areas where expenses have differing treatments for VAT and Tax, as well as areas of commonality.
COURSE CONTENT:
Specifically the course will cover:
- Evidence for VAT recovery
- Blocked input tax-cars, business entertaining and directors accommodation
- VAT treatment of various staff costs
- Tax relief by deduction or exemption
- Tax treatment of common expenses
- Reporting for PAYE and VAT
- VAT inspections-how to deal with them
- PAYE settlement agreements
- The course will include separate exercises and a combined VAT/PAYE case study.
WHO SHOULD ATTEND:
This course is designed for finance team members who need to have a working understanding of the tax and VAT treatment of staff expenses.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more