An Introduction to VAT
COURSE TUTOR: Steve Parkinson, The Parkinson Partnership LLP.
Steve is a former Town Clerk & an accountant with 30 years' experience in public sector finance, who specialises in advice & training for the local council sector.
This online session, for clerks, finance staff and councillors who wish to develop their knowledge, explains how VAT affects local councils. Essential for any council contemplating major building projects.
• how VAT law applies to local councils
• where to find the law and guidance
• business and non-business activities
• understanding whether sales are taxable or exempt from VAT
• when a council must register for VAT
• when VAT can be reclaimed
• Partial exemption
• Reclaiming VAT when using grants and donations
By the end of this session you will:
• Know where to find the relevant legislation and guidance
• Understand the key concepts of VAT
• Know when a council can or can't reclaim VAT
• Recognise when a council must register for VAT
• Be aware of activities that require special attention
This is an interactive session, you will need a device with a reasonable screen size such as a PC, laptop or tablet to be able to participate fully.
A number of these online sessions are being offered by Steve Parkinson to local councils and places are in high demand. Please email us at firstname.lastname@example.org for forthcoming dates and to make a booking.