Professional Training

Bills, Fees & VAT - Unravelling Compliance for Law Firms - Learn Live

Length
3 hours
Next course start
27 August, 2024 See details
Course delivery
Virtual Classroom
Length
3 hours
Next course start
27 August, 2024 See details
Course delivery
Virtual Classroom

Course description

Presented by expert speaker Darren Whelan, this new virtual classroom seminar will explain what the solicitors’ bills rules are and why they are important when it comes to the recoverability of the fees, recharges and disbursements claimed in bills.


He will look at billing procedures and processes, ensuring that VAT is accounted for correctly and at right time.


Consideration will also be given to the different categories of bills that can be issued.

Upcoming start dates

1 start date available

27 August, 2024

  • Virtual Classroom
  • Online
  • English

Outcome / Qualification etc.

Following all MBL courses, a certificate of attendance will be provided for those who are required to evidence their CPD activity to a professional body.

Training Course Content

Introduction

Presented by expert speaker Darren Whelan, this new virtual classroom seminar will explain what the solicitors’ bills rules are and why they are important when it comes to the recoverability of the fees, recharges and disbursements claimed in bills.

He will look at billing procedures and processes, ensuring that VAT is accounted for correctly and at right time.

Consideration will also be given to the different categories of bills that can be issued.

What You Will Learn

This live and interactive session will cover the following:

  • Time of supply
    • Basic tax point
    • Actual tax point
    • Extensions
  • Sales/fees
    • Time recording
    • VAT rates
    • Client’s overseas (place of ‘belonging’)
    • Land related services
  • Third party payers
    • Indemnity basis
    • VAT invoices
  • Administrative aspects
    • Valid VAT invoices
    • Valid credit notes
    • Electronic invoices (structured and unstructured formats)
    • Layout
    • Types of bills - solicitors’ bills rules
    • Disbursements and recharges
    • VAT returns
  • VAT returns
    • Accounting software and VAT rates
    • Outputs and output VAT
    • Errors and penalties

Expenses

From £144
MBL Seminars Limited
C/o Law Business Research
Holborn Gate, 330 High Holborn
WC1V 7QT London

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...

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