Hot Topics in VAT

Overview

Although in some ways a neglected topic, VAT can have a profound impact on many business transactions and is an important tax for accountants in practice and in industry to master. The aim of the course is to cover a range of aspects of VAT, with special attention to difficult areas where mistakes can be costly or where opportunities exist for the well-informed. The course will look at the most important developments over the last 12 months, together with a number of relevant and troublesome areas of VAT. Some of the topics covered will be: A selection of topical or newsworthy items; Developments in partial exemption; Selected land and property issues; The ongoing saga of the new penalty regime; Registration, deregistration and associated input tax issues.