Training Objectives

By the end of the programme, participants will be able to:

• Understand the structure, concepts, and purpose of VAT
• Distinguish between taxable, exempt, and zero-rated supplies
• Apply place-of-supply rules for goods and services across sectors
• Determine input VAT recovery and apply apportionment rules
• Understand VAT treatment for domestic, intra-EU, and international transactions
• Apply reverse charge rules correctly
• Implement VAT invoicing, documentation, and reporting requirements
• Identify VAT risks, common errors, and correction mechanisms
• Strengthen internal VAT controls, procedures, and compliance frameworks

Training Outline

Introduction to VAT

• Purpose and function of VAT
• Legislative framework and core concepts
• Registration requirements & obligations

Classification of Supplies

• Taxable vs exempt vs zero-rated
• Sector-specific examples (services, retail, manufacturing, property, consulting)
• Borderline classifications & common pitfalls

Place of Supply of Goods & Services

• B2B and B2C rules
• Domestic vs cross-border supplies
• Practical interpretation and examples

Input VAT Recovery

• Direct attribution
• Mixed-use and residual VAT
• Partial exemption calculation
• Industry examples

Cross-Border Transactions

• Intra-EU supplies and acquisitions
• International import/export treatment
• Reverse charge mechanism

VAT Invoicing & Compliance

• Required invoice elements
• Credit/debit notes

VAT Risks & Controls

• Typical errors across industries
• Risk management procedures
• Penalties and voluntary corrections

Case Studies & Practical Application

• Scenarios from multiple sectors
• Group discussion and Q&A

Who Should Attend

This programme is suitable for professionals from all industries, including:

• CFOs, Finance Directors & Controllers
• Tax Managers & Consultants
• Accountants & Finance Officers
• Internal Auditors and Risk Officers
• Compliance Professionals
• Legal & Corporate Services Professionals
• CEOs, Business Owners & Senior Executives
• Anyone involved in cross-border transactions or intra-group pricing

Training Style

The programme combines expert-led instruction, real-life case studies, practical examples, and interactive discussion. Participants learn through scenario analysis and application of VAT rules to everyday business situations.

The training is highly practical, engaging, and designed to build operational competence.

CPD Recognition

This programme may be approved for up to 5 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.