This Tax Essentials course covers:
The VAT exemption for financial services
The VAT exemption for insurance services
A brief review of the special VAT rules and schemes that apply to retail businesses
A brief review of the main VAT issues affecting the charitable sector
A brief review of the main VAT issues affecting local authorities
A review of the issues concerning agents and VAT
How to identify a TOGC and understand its VAT implications
An accounting mechanism introduced in key sectors to combat VAT fraud