Approved for 3hr CPD by the IOB (Institute of Banking)

This course is a comprehensive interactive training course designed for people who are responsible for any aspect of an organisation’s VAT obligations.

It is ideal for those who have never undergone a structured VAT training course, or for those who wish to undergo acomprehensive refresher course.

The course will dispel many of the common misunderstandings which arise in relation to the Irish VAT System and will giveyou an opportunity to ask questions directly relating to you and your current systems. The value gained in this course could prove to be invaluable.

Course content

• Principles of the VAT System
• Understanding how the Irish VAT System works
• Taxable Persons and Accountable Persons
• VAT Registration - Review and understand the VAT registration thresholds and requirements for specific business activities
• Group Registration
• Distance Sales
• Penalties & Interventions
• VAT Returns and Payments - Ensure timely filing of VAT returns, VIES returns, and Intrastat returns as applicable.
• Annual VAT Returns
• Supplies of Goods and Services
• VAT Invoices and Credit Notes
• Deductible and Non-Deductible VAT
• The rules for reclaiming foreign VAT incurred
• The “Two Thirds Rule” explained
• Electronic Data Interchange (EDI)
• VAT Rates
• Imports and Exports of Goods - import and export procedures to ensure compliance with post-Brexit VAT and customs requirements
• Intra-Community acquisition of Goods and Triangulation
• Intra-Community supply of Goods
• Supply and Install Contracts
• Section 56 Relief
• VIES and Intrastat Returns
• When are you actually entitled to be VAT registered?
• GB & NI Cross Border Trade – Updated VAT Regulations and Implications
• Reverse Charges
• VAT Exemptions
• Client VAT verification - Verify customer VAT numbers before applying zero-rating or reverse charge on cross-border supplies & Ensure proper VAT invoicing procedures are in place
• Understanding VAT rules and maintaining accurate records to ensure compliance and avoid penalties

Who Should Attend?

Finance managers, accountants, accounts staff and staff members with responsibility for the financial and legislative obligations of their organisation.

Anyone who wishes to be pro-active in their approach to legislative and financial compliance and anyone who wishes to undergo a refresher course in the operation of the Irish VAT System.

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 qualifies for 3 hours CPD for the Institute of Banking. If you require CPD with another awarding body or association, please check to see how many hours they will award prior to the course.

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. PLEASE NOTE THE EARLY BIRD RATE CLOSES 3 WEEKS PRIOR TO COURSE DATE. The course cost includes all course documentation and certificate of attendance.