We're adding the item in basket, please wait...
>Classroom training>VAT - Partial Exemption
Course overview
If your business is involved in making both taxable and exempt supplies then you need to understand the complex rules around partial exemption. This course provides an in-depth understanding of partial exemption, building on key principles and providing a good grounding in the mechanics of partial exemption.
The course will help you determine exactly what VAT your business can recover under the partial exemption rules, helping you to understand how partial exemption can affect your business in terms of VAT recovery and common pitfalls. It offers practical advice and understanding on the differences between the standard method and special methods.
The course also explains some of the more complicated areas including the capital goods scheme, direct attribution, apportionment, change of use/intention and “first use” principle. There are a number of “worked examples” used to clearly show how partial exemption and the capital goods scheme works in practice and also reference to recent case law.
Feedback for this course
What will you learn?
This course is a complete guide and explains everything you need to know about partial exemption and related topics, including:
- What is partial exemption?
- Key definitions
- Direct attribution
- Apportionment
- Standard method of partial exemption
- Values included/excluded
- Special methods –
- Types of special methods
- Sectorised methods
- Approval from HMRC
- Direction by HMRC
- De minimis limits and implications
- Annual adjustments
- Standard Method Override
- Special Method Override
- Change of use – payback/clawback
- Capital Goods Scheme
- Special situations
- Anti-avoidance rules
Extra benefits
- A course pack containing the information presented on the day
- A certificate of attendance
- Complimentary refreshments and lunch provided
Course presenters
Hilary Bevan
View testimonialsHilary has over 20 years of experience working in accountancy and tax. She is a qualified Chartered Certified Accountant as well as a Chartered Tax Adviser and an Associate of the Institute of Indirect Taxation.
In 2018 Hilary set up her own independent consultancy firm, providing specialist VAT advice to firms of accountants and businesses who don’t have their own in-house VAT expert. She has built up extensive technical knowledge over her years in practice and provides VAT advice on a range of topics from land & buildings to partial exemption. Hilary is passionate about VAT and regularly speaks on the subject, both to accounting professionals and to young academics who are interested in a career in tax.
Debra Dougal
View testimonialsDebra has been a VAT specialist for more than 35 years, with expertise in VAT compliance, land and property, charities, special schemes and VAT investigations.
After working at HM Customs and Excise for 13 years, Debra went on to join Moore Stephens, before joining Haslers Chartered Accountants in 2005, where she was made a VAT Partner in 2007. In this role, she provides high level VAT advice to clients on a wide range of complex issues. She is also head of UK VAT Advice which supports accountants and lawyers by providing a virtual in-house VAT consultancy.
Debra is a very experienced VAT lecturer, delivering seminars to clients, business groups and other professionals on topical VAT issues.
- We currently do not have any upcoming dates for this course. Please contact us if you would like to be informed when new dates are added or would like to discuss our in-house options
Course dates
- We currently do not have any upcoming dates for this course. Please contact us if you would like to be informed when new dates are added or would like to discuss our in-house options
If you would like to make an enquiry simply fill in the quick contact form below and a member of our team will be in touch shortly.
Valued customers
