VAT and EU Trade in Goods including Intrastat

Speaker:  Gwen Ryder  |  CPD Hours: 6.0

Price £575 plus VAT

Select a date

 

OBJECTIVES

This course gives in-depth, practical guidance on all the UK VAT legal, invoicing and reporting requirements of trade in goods to and from the UK and other Member States of the EU, including completion of UK VAT returns, European Sales Listing and Intrastat returns. The course also highlights the danger areas for unforeseen VAT registration or obligations in other Member States arising from such trade. The impact of Brexit is, of course, not final at the moment, but this course will be run with live updates as they happen.

CONTENT

Trade in goods with VAT registered businesses in other Member States

  • Despatches – conditions for zero rating and evidence needed
  • How to check VAT numbers
  • Why terms of sale matter for the burden of proof
  • Acquisition VAT – who should account for it and how, and in which Member State
  • Danger areas

Supplies, deemed supplies and deemed acquisitions

  • Moving own goods to another Member State
  • Difference between consignment stock and call off stock
  • Different treatment in different Member States
  • Liability to register for VAT in other Member States or simplifications?

Triangulation and chain transactions

  • How this works
  • Can a VAT registration be avoided? Is a simplification available?

Supply and install contracts

  • The problems and the simplifications and where they apply

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

In depth guidance/workshop on completion of

  • VAT returns
  • European sales listings
  • Intrastat returns
  • Register of goods movement

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.

Looking to train your team or a group?

We can deliver any of our courses tailored to your needs at your offices or at a location of your choice.

Find an alternative course

Advanced search

  • Sign up to our course reminder email here