Introduction to VAT
Flexible online learning option
Aim of the course
This interactive course will give you an overview on how the Irish VAT systems operates. It will guide you through the process of preparing & fling your VAT return and the correct accounting treatment of VAT. The course will demonstrate how to set up your vat rates correctly in your accounting software, record domestic transactions & complete returns
Who should attend?
This is course is ideal for anyone, who is responsible for an organisations VAT, or works in an accounts or bookkeeping role.
Benefits of attending
You will benefit from formal training which will enable you to complete and file your VAT returns with confidence. Demonstrations using accounts software and ROS. Learners will be able to avail of additional online resources and recordings to access
You will cover:
Overview of VAT
VAT registration thresholds & how & when to register for VAT
VAT rates to include resale and non resale categories
Invoice templates to include electronic invoicing.
The “Two Thirds Rule” explained.
Deductible and Non-Deductible VAT – costs on which VAT may or may not be reclaimed.
Preparing VAT Returns to include VAT invoices, credit notes and electronic invoicing.
Complete Annual return of trading details (RTD)
Filing VAT Returns and Payments on ROS
Benefits of attending this online course
Self-paced learning option
Select a time and place that suits you
Access to 2 x 1.5-hour recording to include & demo on preparing and filing VAT returns on ROS.
Access to templates for preparing VAT3 and RTD.
Course content & resources are updated frequently to ensure its accurate and relevant