VAT: How it works!

25/05/2016

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Looking for some support/assistance in relation to VAT? Look no further. 

HM Revenue & Customs (HMRC) have produced this eLearning ‘How VAT works’ guide to help you deal with VAT (Value Added Tax). 

A step-by-step eLearning package which incorporates relatable case studies. The 1-2 hour course will explain the basic information you need to help you deal with VAT issues – including: 

  • Charging VAT
  • Reclaiming VAT
  • VAT Returns and Payments
  • VAT Accounting Schemes
  • Keeping VAT records
  • VAT and trading with other countries

Not sure if it is for you? Consider the following options: 

If you have not yet registered for VAT or are not sure if you need to register, you might find it easier to start with HMRC’s other guide ‘VAT – Getting started’

If you have registered and are new to VAT, it is advisable that you work through the complete guide from start-to-finish. 

If you have some VAT experience, you can just dip in and out of the sections as often as you like.

To learn more and access the 'How VAT works' guide, CLICK HERE

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