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The Essential Guide to Partial Exemption

Full-day course  |  6 CPD hours

£ 329 +VAT per person

£329 +VAT
per person

This course can be presented in-house at your premises. You can find out more about our in-house training here.

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Home > Classroom training > The Essential Guide to Partial Exemption

The Essential Guide to Partial Exemption

Full-day course

Course prices:

Classroom: £329 +VAT per person

Course overview

If your business is involved in making both taxable and exempt supplies then you need to understand the complex rules around partial exemption. This course provides an in-depth understanding of partial exemption, building on key principles and providing a good grounding in the mechanics of partial exemption. 

The course will help you determine exactly what VAT your business can recover under the partial exemption rules, helping you to understand how partial exemption can affect your business in terms of VAT recovery and common pitfalls. It offers practical advice and understanding on the differences between the standard method and special methods. 

The course also explains some of the more complicated areas including the capital goods scheme, direct attribution, apportionment, change of use/intention and “first use” principle.  There are a number of “worked examples” used to clearly show how partial exemption and the capital goods scheme works in practice and also reference to recent case law. 

What will you learn?

This course is a complete guide and explains everything you need to know about partial exemption and related topics, including:

  • What is Partial Exemption?
  • Key definitions
  • Direct attribution
  • Apportionment
  • Standard method of partial exemption
  • Values included/excluded
  • Special methods –
    • Types of special methods
    • Sectorised methods
    • Approval from HMRC
    • Direction by HMRC
  • Deminimis limits and implications
  • Annual adjustments
  • Standard Method Override
  • Special Method Override
  • Change of use – payback/clawback
  • Capital Goods Scheme
  • Special situations
  • Anti-avoidance rules

Extra benefits

  • A course pack containing the information presented on the day
  • A certificate of attendance
  • Complimentary refreshments and lunch provided

Course presenters

  • Tim Davison

    Tim has been working in VAT for over 20 years, and is currently a VAT specialist at the University of Leeds. Before that, he was a senior VAT trainer within HMRC for a number of years.  Tim has also written numerous training manuals on a wide spectrum of technical issues. He enjoys taking difficult technical points and expressing them in language that people can understand.

  • Eric Miller

    Eric is an independent Chartered Tax Adviser (CTA/AIIT qualified) specialising in indirect tax and with over 25 years’ experience of VAT. He worked in several senior roles at HMRC before joining Ernst & Young as an Indirect Tax Manager. He later became the Director of VAT and Indirect Taxes at Campbell Dallas. Eric now works as an independent consultant, where he draws on his considerable experience in practice and at HMRC to help businesses of all sizes deal with complicated VAT issues. 

Course dates