Understanding VAT Partial Exemption

Gain a clear, practical understanding of partial exemption and maximise your VAT recovery with confidence.

Overview

Partial exemption can often seem confusing but understanding it is essential. Getting it right makes the difference between reclaiming too little or too much VAT.

Starting with the fundamentals, this session explains what partial exemption is and which businesses it affects, before moving into a more detailed exploration of VAT recovery and the correct application of the rules. You will gain practical guidance on distinguishing between exempt and taxable supplies, and on calculating recoverable VAT accurately using partial exemption methods.

Through real world examples, the session also explores complex scenarios, common pitfalls, and the areas where errors most frequently arise.

Key features
Speaker
Additional information

Outline:

· Understanding partial exemption rules

· Definitions: exempt vs. taxable supplies, impact on input tax recovery

· The standard method and special methods

· Attribution of expenditure – what does this mean?

· Practical calculation examples

· Overrides, clawbacks and paybacks – when to consider?

· Important case law summaries outlining current lines of thought

· Common pitfalls and how to avoid them

Simone Hurst

Simone Hurst is an accomplished speaker and VAT consultant of many years standing. She began her VAT career as the youngest ever direct entrant Executive Officer in HM Customs & Excise working as a VAT Inspector before moving on to manage an in house VAT practice for a firm of accountants in Yorkshire and then working for one of the Big 4 firms. She now runs her own independent VAT practice, and has done for 26 years, dealing with every sort of VAT query you can possibly think of.

The webinar handout material will be available on the webinar platform when you log in to view the session.

If you wish to view or download handout materials, before starting the webinar, they will also be available through your document library on https://events.accaglobal.com

Price

Price (excluding VAT) 70 GBP

Location

United Kingdom

Date & time

28 October 2026, 09:30 - 12:30 GMT

Enquiries

Email enquiries UKCL@accaglobal.com

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Understanding VAT Partial Exemption

Overview

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