Course Highlights
This high-value Essentials of Introduction to VAT course comes with multiple modules focusing on increasing your depth of knowledge of the UK VAT system. The first part of the course starts with giving you a basic understanding of VAT. You will learn why VAT exists and how it affects both customers & businesses.
VAT experts require a firm grasp of VAT languages. Therefore, you will explore VAT terminology and calculations in module 2. In the next module, you will become familiar with the key players and their role in the VAT system. This course will broaden your knowledge of VAT registration, assisting you in guiding businesses to carry out the VAT process easily. Moreover, you will learn about invoicing and records. As an aspiring tax auditor, you will decode the VAT application for different sectors to navigate the process efficiently. This Introduction to VAT course will enrich your ideas about the UK VAT application, thus making you an excellent asset for any business in the UK.
With a profound understanding of VAT returns in the UK, it is possible to comply. Therefore, module 9 of the course will teach you about numbers and high-accuracy reporting. Plus, you will gain insights into the tricks that will keep your client on the safe side as a taxpayer. This course will also educate you about Zero-Rated VAT and VAT exemption concepts. Every business makes mistakes when complying with the VAT, so you will acquire the knowledge to keep your clients from repeating those mistakes. With successful completion of the course, you will know the ins and outs of Digital Tax reporting.
Join in this Introduction to VAT course to learn the essentials of UK VAT today!
Learning outcome
- Build a solid foundation on VAT fundamentals
- Gain profound knowledge on the identification of taxable persons in the UK
- Ability to perform VAT calculations with high accuracy
- Capable of guiding businesses all the way through the VAT registration process to ensure compliance
- Learn effective record-keeping and versatile VAT application sectors
Course media
Why should I take this course?
- Gain in-depth knowledge of UK vat
- Flexible learning
- CPD certification
- The affordable price of the course
- Add value to your resume
Career Path
- Tax Consultant
- Accountant
- Tax Auditor
- Business Advisor
- Tax Manager
Requirements
- Passionate about the UK VAT system
- Basic academic knowledge
- Flawless internet connection with Smartphone/Laptop/PC
Course Curriculum
Course Curriculum
| Module 01: Understanding VAT | |||
| Understanding VAT | 00:33:00 | ||
| Module 02: VAT Terminology and Calculation | |||
| VAT Terminology and Calculation | 00:33:00 | ||
| Module 03: VAT Taxable Persons | |||
| VAT Taxable Persons | 00:41:00 | ||
| Module 04: VAT Registration | |||
| VAT Registration | 00:35:00 | ||
| Module 05: VAT Rates | |||
| VAT Rates | 00:28:00 | ||
| Module 06: Invoicing and Records | |||
| Invoicing and Records | 00:26:00 | ||
| Module 07: VAT Application in Goods, Services and Vehicles | |||
| VAT Application in Goods, Services and Vehicles | 00:27:00 | ||
| Module 08: Supply | |||
| Supply | 00:37:00 | ||
| Module 09: The VAT Return | |||
| The VAT Return | 00:23:00 | ||
| Module 10: Tips on VAT Compliance | |||
| Tips on VAT Compliance | 00:20:00 | ||
| Module 11: VAT Exemptions and Zero-Rated VAT | |||
| VAT Exemptions and Zero-Rated VAT | 00:34:00 | ||
| Module 12: Miscellaneous VAT Issues and Penalties | |||
| Miscellaneous VAT Issues and Penalties | 00:38:00 | ||
| Module 13: Making Tax Digital | |||
| Making Tax Digital | 00:24:00 | ||
Don't just take our word for it
1 Year Access 
7 Students -
6 hours, 39 minutes