Course description
VAT is a difficult area of tax law to navigate, and it can get even more complicated where it intersects with commercial property law. It is vital therefore for commercial property lawyers to have a working knowledge of VAT, including the more recent case law developments.
Peta Dollar presents this live and interactive broadcast that does away with tax planning jargon to deliver you a comprehensive overview of this complex area of expertise. It will cover VAT registration, inputs and outputs, which supplies are exempt, planning issues, reverse premiums, TOGC (transfer of ongoing concern), disbursements, property searches and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
VAT is a tricky subject at the best of times, and particularly so for commercial property lawyers.
This virtual classroom seminar is delivered by a highly-experienced commercial property lawyer without the jargon that often makes tax advice incomprehensible.
If you have difficulty telling your inputs from your outputs or you panic when you have to deal with a possible TOGC (transfer of a going concern) then this session is for you.
What You Will Learn
This live and interactive session will cover the following:
- VAT registration
- Inputs and outputs
- Taxable supplies, exempt supplies and transactions outside the scope of VAT
- Accounting for VAT - understanding clients' cash flow
- Commercial and non-commercial buildings
- Exempt, standard-rated and zero-rated property transactions
- Reverse premiums on lease grant, lease assignment and lease surrender
- Planning issues
- Making the option to tax and how it works
- TOGCs - how they work and how to draft contract clauses dealing with them
- VAT on third party legal costs
- Disbursements and VAT
- Property searches - the current position following Brabners and Prosser and the Law Society’s guidance
- Lessons from the recent cases
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...