VAT - Some Tricky Areas to Be Aware Of
Category: Tax | Date: 28/11/2024 11:00 | Duration: 100 mins | Tag: IAUPUK24D1S2 | Type: Webinar | Speaker: Carl Bayley
Course Details
VAT has been with us for more than fifty years now. It was always meant to be a simple tax, but everyone knows it isn’t. It’s many complexities, nuances, and bizarre quirks create pitfalls that await the unwary. In this session, we’ll shine a light into some of VAT’s darker corners and help you steer away from some of the traps.
In this session Carl Bayley will cover the following topics:
- Property and construction: always a difficult area
- Business entertaining and gifts
- Staff entertaining, welfare, and benefits
- The flat rate scheme: friend or foe?
- Claiming back VAT on pre-registration expenditure
- What if you don’t have a VAT invoice, what can you still claim?
By attending this session, delegates will have a better understanding of some of the more difficult and controversial areas of VAT compliance.
The session will be of most interest to business owners and accountants working in industry, but may also be of benefit to general practitioners, tax advisers, and accountancy students.
Course level: Foundation / Intermediate
CPD Course Speaker
BSc FCA, Author and Presenter
Carl Bayley
Carl Bayley is the author of a series of ‘Plain English’ tax guides designed specifically for the layman and the non-specialist. His particular specialty is his ability to take the weird, complex, and inexplicable world of taxation and set it out in the kind of clear, straightforward language taxpayers themselves can understand.
Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the Institute of Chartered Accountants. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ program and BBC Radio 2’s Jeremy Vine Show.
Carl began his career as a Chartered Accountant in 1983 with one of the ‘Big 4’ accountancy firms. After qualifying as a double prize-winner, he immediately began specialising in taxation. He worked for several major international firms until beginning the new millennium by launching his own practice, through which he provided advice on a wide variety of taxation issues; especially property taxation, inheritance tax, and tax planning for small and medium-sized businesses, for twenty years, before deciding to focus on his favourite role as author and presenter.
Carl is a former Chairman of the Tax Faculty of the Institute of Chartered Accountants in England and Wales and a member of the Institute’s governing Council. He is also a former President of ICAEW Scotland and a member of the ICAEW Board. He has co-organised the annual Practical Tax Conference since its inception in 2002.
Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the Institute of Chartered Accountants. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ program and BBC Radio 2’s Jeremy Vine Show.
Carl began his career as a Chartered Accountant in 1983 with one of the ‘Big 4’ accountancy firms. After qualifying as a double prize-winner, he immediately began specialising in taxation. He worked for several major international firms until beginning the new millennium by launching his own practice, through which he provided advice on a wide variety of taxation issues; especially property taxation, inheritance tax, and tax planning for small and medium-sized businesses, for twenty years, before deciding to focus on his favourite role as author and presenter.
Carl is a former Chairman of the Tax Faculty of the Institute of Chartered Accountants in England and Wales and a member of the Institute’s governing Council. He is also a former President of ICAEW Scotland and a member of the ICAEW Board. He has co-organised the annual Practical Tax Conference since its inception in 2002.