Partial Exemption

START:
June 17, 2021

INSTRUCTORS:

Address

Online   View map

    Booking Form

    Your Name (required)

    Your Email (required)

    Please choose a session

    Please tick VAT Forum, ET Forum or Both
    VAT ForumET Forum

    Local Authority Name

    Purchase Order Number (if applicable)






    Other Requirements (dietary or accessibility)

    Training Terms & Conditions:

    Bookings and payment
    All bookings are provisional until they have been confirmed in writing by ourselves. Confirmation will be dispatched within 7 days of the receipt of a completed booking form.   Authorities booking 3 or more places will be entitled to a 10% discount.

    Payment

    Invoices must be paid in full by no later than:

    28 days following their date of issue.

    Cancellations – Residential Course

    More than 21 days : no payment due

    21-8 days : 50% of course fee

    7 days or less : full fee

    Substitutions are permitted at any time

    Cancellations – Single Day Courses

    More than 15 working days : no payment due

    14-7 working days : £100.00 cancellation charge

    6 working days or less : full fee

    Substitutions are permitted at any time

    Training Materials

    Training materials provided by us during the course are for the sole benefit of the course participant. They must not be photocopied, scanned, faxed or otherwise distributed without our prior written permission. All intellectual rights remain the property of LAVAT Consulting Limited.

    Limitation of Liability

    In the unlikely event of a course not taking place as scheduled, and for whatever reason, the financial liability of LAVAT Consulting Limited  to each participant shall be limited to the value of monies paid by that participant for attendance on the course.

    The partial exemption calculation or, more accurately, the section 33 VAT recovery calculation is the single most important VAT issue faced by local authorities. Without careful management, the de minimis limits can be exceeded resulting in a significant cost in terms of irrecoverable VAT.

    This course aims to steer the participant through the section 33 minefield and provide a practical understanding of both the process and methodology of the calculation. Each topic covered is supported by realistic mini-case studies and the day is rounded off with a major case study designed to consolidate and reinforce the learning points.

    Topics that will be covered include:

    • The section 33 process
    • Inputs and Outputs
    • Exempt Activities
    • Exempt v non-business
    • Methods of apportionment
    • Managing exempt activities
    • Capital Goods Scheme
    • Change of Intention
    • Managing the process throughout the year

    The course would benefit:

    • those with day to day responsibility for VAT management
    • capital accountants
    • leisure accountants
    • those with senior management responsibility for the VAT function

    Cost: PSTAX Club Members £210 + VAT.  Non Members £250 + VAT

    To book please click on the booking form above or email bookings@pstax.co.uk quoting your purchase order number.  Those authorities booking 3 or more places will be entitled to 10% discount.

    Please use our ‘contact us‘ tab if you require further information regarding this course.  If you wish to train more than six staff you may like to consider an in-house training course.