Many UK businesses supply services to customers outside the UK. Equally, they may receive services from overseas suppliers. The rules which apply to the treatment of VAT in these situations are complex. This half-day seminar clearly explains how to account for the VAT on these services - using illustrative examples throughout.
If you also deal with goods, you may be interested in our full day course, The Essential Guide to UK VAT and International Trade.
For details of other VAT seminars please click here.
13:00 - 17:00
- An exclusive eBook, 'UK VAT and International Trade - the Complete Guide', only available to delegates
- A Seminar Pack containing the information presented on the day
- A Certificate of Attendance
What Will You Learn?
- What is the general rule for supplies of services and when does it apply?
- How does the reverse charge operate?
- How do you make out an invoice to an overseas customer?
- How may the reverse charge affect you if you receive a service from an overseas supplier?
- How are land-related services treated?
- What happens if your business supplies training or exhibition services abroad?
- How do you account for VAT on work carried out on other people’s goods?
- What is the VAT treatment if you supply intermediary services?
- How does VAT apply to intra-EU freight services?
- Why is there usually no VAT on consultancy services between traders in different countries?
- How is all this dealt with on the VAT Return?
- How do you account for the reverse charge if your business makes exempt as well as taxable supplies?
- How do you complete an EC Sales List?
- Can your business reclaim VAT incurred in other EU countries?
- What are the procedures and time limits for submitting reclaims?
- What about VAT incurred in countries outside the EU?
Kevin is a Chartered Accountant and he has his own accountancy practice. With his vast knowledge and experience he can readily help people resolve Accounting, VAT and Company Administration issues.
Ruth is Chair of the VAT Practitioners Group National Technical Committee and a member of the Joint VAT Consultative Committee, both of which mean that Ruth communicates with HMRC at a high level. Ruth has over 20 years of experience of VAT from working with HMRC, large global accountancy firms and also the mid-tier firms. Throughout this time there has been a significant exposure to the VAT issues facing many businesses and not-for-profit organisations.