Advanced VAT

Welcome to Advanced VAT with Clever Burdy – a fully online course to learn at your own pace

This is an interesting and real-life example based course covering the more advanced elements of VAT administration in Ireland that is slowly becoming the “norm” that everyone should know.

Who is this course for?

• Accountants, bookkeepers, accounts administrators and staff members with responsibility for the administration of VAT and filing VAT related documents.
• Business owners that want to have a better understanding of their finances and their legal requirements to file returns.
• Anyone that has an active interest in gaining a career in accounts and bookkeeping or simply wishes to have a better understanding and/or refresher course in the operation of the Irish VAT system.

This course accounts for 7 CPD hours.

Time allowed for course: 5 – 7 hours split into modules to watch at your own pace and includes self-assessment questions at the end of each module.

Areas covered in the course:

• Understanding how much VAT is chargeable on your supply
• Return of Trading Details – common issues and consequences of failing to submit the VATRTD
• Accounting for VAT – Cash Receipts Basis v Sales Invoice basis. Thresholds and reporting
• VAT treatment of Services
• Comprehensive explanation of the Place of Supply of Services Rules received from abroad – understanding how to determine where the place of supply is
• VAT on Construction Services – Rules regarding VAT on a “relevant contract”. When to charge VAT, the rates applied and self-accounting for VAT
• VAT chargeable on goods and services supplied to foreign customers
• Self-accounting for VAT on Intra-Community supplies
• When does the foreign supplier have to register for and charge Irish VAT – thresholds and procedures
• Supporting documentation required when supplying goods or services to customers based outside of Ireland
• Disposal of company assets – when VAT should be charged
• VAT on Finance Charges: Hire Purchase -v- Leasing – the differences on how VAT is recovered
• Making amendments to VAT returns on the discovery of an error in an earlier return
• VAT One-Stop-Shop (VAT OSS)
• Revenue audits – overview

Our Advanced VAT course is €245 and users will have access to their online course for 6 months to complete at their own pace.
You can enrol for any of our courses on www.cleverburdy.ie