UK0329: Introduction to VAT – Types of Supply & Compulsory Registration

Course Topics:

• Introduction to VAT: Direct vs. Indirect Taxation
• VAT Output, VAT Input, VAT to be remitted to HMRC, VAT receivable from HMRC
• VAT Inclusive vs. VAT Exclusive
• VAT Registration: Introduction to 1. Compulsory registration – historical turnover

Estimated Time: 45 minutes