Course: VAT on International Transactions (including Intrastats)

The VAT requirements surrounding international transactions in goods and services continue to evolve. This course enables delegates to confidently comply with Intrastat, EC Sales list, acquisition tax, reverse charge, & related compliance issues. Refunds of VAT incurred elsewhere in the EU will also be discussed. This course provides full coverage of the new rules effective from 1 January 2010.

Course summary:

Introduction

The Single Market VAT system

Definitions and terms

Place of supply rules

Place of supply of goods and services

Treatment of ‘Schedule 5’ reverse charge services

Intrastat and other reporting requirements

European Sales List (ESL)

Intrastats (Supplementary Statistical Declaration)

Customers’ VAT registration numbers

Recording & documenting movements of goods

Temporary movements of goods

Special cases

Freight & transport services

3-country (triangular) transactions

VAT on imports & exports outside the EU

Proof of export

Refunds of VAT incurred in the EU

Course includes the VAT changes from January 2010
Course suitability:

People responsible for the accuracy of VAT recording systems. People with any involvement in the processing of international transactions. This course assumes some knowledge of VAT.


The course lasts for 1 day - Cost of this course is £295+VAT