• International VAT - Goods and Services • Duties • IOSS (Import One Stop Shop) • Audit Compliance • Revenue Compliance for Importers and Exporters • Brexit Implications for Supply chain – GB to NI - GB to ROI - ROI to GB

This one-day course will cover the essential rules on moving goods and services across international boundaries, post-Brexit. We will discuss the new implications for sellers and traders, will clarify important VAT and customs duties issues, where the exceptions lie, and how to complete the VAT return. We will look at new critical areas such as postponed VAT accounting and where it applies, trading under the new EU e-commerce directive, and important administrative requirements you need to be aware of.

If you are unsure of your obligations regarding trading, VAT and customs post-Brexit, this course can prove invaluable. You will gain insights from an experienced professional, get the chance to ask questions specific to your business, and will receive a highly informative course notes to refer back to.

Course Content

• Common vocabulary and acronyms around Customs
• Obligations of all partners of the supply chain
• Border Control Posts and the impact of Routings
• Audit compliance and regulation for Importers and Exporters
• Overview of intercountry trading (EU and Third Countries) with an emphasis on the effects of Brexit on UK and EU traders
• Overview of the Windsor Agreement
• Declarations and documentation requirements
• The importance of Incoterms
• Commodity codes and the EU Taric platform
• Understanding Rules of Origin
• Preferential and non-preferential treatment and effects on Customs charges
• Temporary and permanent imports and exports - VAT and duty implications
• International VAT - goods and services
• Import VAT and duties - postponed VAT accounting, duty deferment accounts, relief schemes
• Exporting goods - Zero rating, time of supply, proof of export for VAT purposes
• Other VAT and Customs Duties issues, including UK-NI-IE-NI-UK and NI-UK-NI and the Windsor Framework
• Cross border VAT Compliance January 1^st SME Scheme 2025
• General service rules for B2B and B2C and exceptions telecoms, broadcasting and electronics
• How to read/understand a SAD declaration for accounting purposes
• ROS - completing the VAT Return, topping up the TAN account and the UCC Customs Portal
• Brief overview of requirements for SPS goods, licences, certs, CHEDs, and the TRACES and IPAFFS systems
• Online B2C sales – the Import One Stop Shop (IOSS and OS
• VIMA - VIES, Intrastat administrative and Mutual Agreement for EU to EU

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"All the information was presented in a way that was interesting and easy to understand." - Jordana Stavros, Purchasing Supply Chain Coordinator

"My understanding has increased 10 fold. I feel a lot more confident with duties and VAT requirements now." - Faye Fitzgerald, Accounts, Shannon Foynes Port

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Who Should Attend

This course will be of benefit to accountants and other professionals who must deal with, or advise on, VAT aspects of cross-border transactions. Since the UK has left the EU, they will also need to recognise that Customs Duties are much more important, so they will also benefit from an update on Customs Duties and how they interact with VAT.

Certification

On completion of this one-day training course, you will receive your Certificate of Attendance. Please note certificates are issued at the close of the training course to participants on completion of the course.

This course may qualify for CPD points. Please check directly with your association or awarding body to see how many points they will award.

Cost

An ‘Early Bird’ discounted rate of €535 is currently available. This training course normal rate is €635. Places are limited and are allocated on a first come first served basis.

The course cost includes all course notes and Certificate.