VAT Training

VAT is a consumption tax levied on the increased or decreased in the price of a services or due to the presence of additional value. It covers everything purchased and sold in the market and consumed there. Items that are marketed for export that are supplied to consumers overseas are typically not subject to taxation. Same goes with imports are taxed to maintain the system competitive for the manufacturers so that they may compete on equal footing in the market with providers positioned outside their domain. Our VAT Training will cover all these important topics in detail.

Comprehensive Guide to VAT Training

All businesses are required to pay VAT, and due to the complexity of this type of taxes, it is important to have specific knowledge, experience, and a high level of expertise to avoid making a costly error.

To ensure the most effective manner to determine and manage your clients’ taxation, the course makes use of HMRC-approved software (Taxfiler by IRIS, SAGE Corporation Tax, and VT Accounts Corporation Tax). The VAT Training will go over the procedural procedures that must be followed to make sure that payments are made on time and filing deadlines are met in order to lower the possibility of HMRC imposing excessive fines and charging interest.

VAT Training Modules

Understanding Basis Periods of VAT
Understanding VAT rules and VAT principles
Long time frames for accounting
Company's filing with the IRS for tax reasons
The rates for VAT
Capital allowances
Qualifying charitable donations
Non-trade loan relationships
Non-trade deficits
Loans to participators
UK property business adjustments
Determining the reliefs that organisations may receive
Correction with regard to taxable profits
Determining PCTCT in order to apply taxable rates
The idea of permitted and prohibited expenses
Handling of eligible charitable gifts
Understanding capital allowances
Annual investment permission
1st Year's compensation
Review, Finalisation, and Filing CT600 Form Compliance

Related Training

Potential Career Opportunities

Bookkeeper

Expected Salary Range 25,000

Payroll Manager

Expected Salary Range 30,000

Accounts Assistant

Expected Salary Range 37,000

Credit Controller

Expected Salary Range 27,000

Accounts Manager

Expected Salary Range 35,000

VAT Return Officer

Expected Salary Range 25,000

Finance Adviser

Expected Salary Range 38,000

Trainer VAT Accounts

Expected Salary Range 30,000

Why Our VAT Training is the Best?

Our online training is affordable, excellent value for money and make learning accessible
All learning materials and resources are included in training price
Our training is fully recognised and accredited
Straight forward and easy to follow learning topics
Interactive lessons allow you to start and stop at your own speed
Unlimited help and support from our tutor team to help you succeed
Mock interview sections
Pre-interview screening tests
Job Hunting tips

Practical VAT Training on Following Accounting Software

Why Professional Careers Training & Recruitment?

One-on-One Training: Receive personalized instruction from certified accountants and CPD-authorized trainers
Software Proficiency: Learn to use popular accounting software such as Sage, Xero, QuickBooks, and Advanced Excel
Software Support and Installation: Get assistance with setting up and using accounting software
Hands-On Training: Engage in practical exercises using real-world examples
24/7 Access to Online Resources: Access video tutorials and case studies anytime
Comprehensive Guidance: Receive advice on bookkeeping, VAT, and career development
Fully Recruitment Support, Profile Optimization, CV Preparation, Interview Training, Placement Assistance
100% Practical training on real company documents
100% Flexible – You choose day, time and location of your own choice
Regular performance reviews to identify learning gaps
Job market awareness sessions

Skills You Will Gain

VAT Rules & Principles
VAT Submission
Petty Cash Reconciliation
Bank Reconciliation
VAT Calculation
VAT Adjustment
Credit Notes
Making Correct Payments

Industries Covered for Practical Training

Information Technology
E-commerce
Construction
Manufacturing and Wholesale
Luxury and Fashion
Pharmaceuticals
Charities
Hospitality

VAT Training Suitable For

VAT Certification

Support and Help

As part of the online VAT Training, you will receive full access to our trainers and student support services. Our friendly support team want you to succeed in your training and achieve the best possible grade. We are here to help!

Our student support team are also available to all our students and help provide all candidate support services, via email, live chat, WhatsApp group and telephone.