VAT problem areas

The course is aimed at partners, managers and accounting staff who deal with owner managed clients in their daily work. Significant aspects of the course will also be relevant for accountants working in industry.

Topics include:

• Registration issues – UK and overseas.
• Common output tax liability errors.
• Input tax recovery on directors, staff and freelancers costs.
• Business entertainment and subsistence issues.
• Business gifts – when we can and cannot recover VAT.
• Dealing with international transactions.
• Understanding transactions involving agents.
• Common problems with the CIS domestic reverse charge.
• VAT issues when refurbishing or converting properties.
• Minimising VAT penalties.
   

Recorded on 7 December 2023.

Speaker: Dean Wootten

Dean has been involved in tax training for many years and lectures on a wide variety of tax matters. He started his career as a chartered accountant, qualifying with Grant Thornton in 1988. Dean then spent two years overseas with KPMG before returning to a medium-sized provincial firm in Sussex. Shortly after returning to the UK, he qualified as an Associate of the Institute of Taxation in 1991.