Course description
According to the various VAT place of supply rules for different international services, there are circumstances in which a UK supplier should not charge VAT, or that the supplier must register for VAT in another country. However, figuring out which VAT implications apply to which services can be difficult, as the line between them can often be very fine.
Gwen Ryder presents this live and interactive broadcast which will explore the VAT rules for all international services supplied from the UK to customers in the EU and the rest of the world, and vice versa, including a summary of the new EU simplifications for certain ‘B2C’ services.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Not all services are the same - there are different VAT place of supply rules for different services. This could mean that a UK supplier should not charge VAT, or sometimes that the supplier must register for VAT in another country. The line between one type of service and another is often very fine and hence, different VAT implications could follow accordingly.
This virtual classroom session explores all the VAT rules for all international services supplied from the UK to customers the EU, and the rest of the world (or which take place in the EU) and vice versa. It also includes the EU simplifications for certain ‘B2C’services from 1 July 2021 (The One Stop Shop-OSS).
The session is aimed at those who need to understand these complex rules ‘inside out’ and a good grasp of non-international VAT matters is assumed. It is also suitable for advisors outside of the UK that need to be clear about the UK rules.
What You Will Learn
This live and interactive session will cover the following:
The Decision-Making Process
- How to get to the correct place of supply rule
- Remembering that many non-EU countries have VAT systems in line with the UK and EU models
- A reminder of the importance of the ‘supply route’, i.e. the VAT implications of ‘outsourcing/subcontracting’
The General Rule
- B2C and B2B supplies, what services fall under these headings, and the precise meaning of these terms
- The importance determining where your client ‘belongs’ for VAT purposes
- Business Establishments and Fixed Establishments - decisions and case law
- Proving business status
- Special rules for ‘ Specified Supplies’ (finance and insurance)
- Special rules for certain services supplied B2C to non-UK recipients from 1 January 2021
- Invoicing requirements
- UK VAT return completion
The Reverse Charge
- Services affected, and what should not be reversed charged
- Impact
- Reporting requirements
- Tax points
Exceptions to the General Rule and Simplifications
- Services related to land
- Cultural, artistic, sporting, scientific, educational and exhibition services
- Valuation and work on goods
- Short, and long-term hire of means of transport
- Hotels, catering and admissions to events
- VAT registration in the UK other territories
The Effective Use and Enjoyment Rule
- What is covered and how it works
B2C Broadcasting, Telecoms and eServices
- What is covered-defining the terms
- All the rules and implications including the Mini One Stop Shop (MOSS)
Recovering Foreign VAT - The System for EU and Non-EU Claimants
- Procedures and time limits
Expenses
MBL Seminars Limited
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