Course description
This subject is a constant source of confusion for professional firms, and errors can lead to penalties.
Presented by popular speaker Gwen Ryder, who has been a VAT specialist and lecturer for her entire career, this webinar is aimed at finance and accounts personnel in law and accountancy firms and highlights all the key rules when dealing with VAT on disbursements, from both the purchase and the billing side.
Topics discussed will include what is meant by the term ‘disbursement’ for VAT purposes (i.e. when VAT should not be added to recharged costs and the conditions attached), items agreed with HMRC, VAT on costs that cannot be classified as ‘disbursements’ for VAT purposes, and what the invoice should show (including supplies to non-UK clients), and relevant case law.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This subject is a constant source of confusion for professional firms, and errors can lead to penalties.
This webinar is aimed at finance and accounts personnel in law and accountancy firms and highlights all the key rules when dealing with VAT on disbursements, from both the purchase and the billing side.
What You Will Learn
This webinar will cover the following:
- What is meant by the term ‘disbursement’ for VAT purposes - i.e. when VAT should not be added to recharged costs and the conditions attached
- Items agreed with HMRC
- VAT on costs that cannot be classified as ‘disbursements’ for VAT purposes, and what the invoice should show (including supplies to non-UK clients)
- Relevant VAT case law
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...