The course will help you achieve a complete understanding of the rules and regulations of VAT and land, property and construction transactions. It clearly illustrates the procedures and controls that should be implemented to comply with the requirements.
The course demonstrates when particular transactions should be treated as exempt and when they should be zero rated, reduced rated or standard rated. It will also highlight for you the many pitfalls that can be avoided if proper consideration is given to the VAT implications before you commit your organisation to a contract that involves property transactions.
The course also includes a session which covers the reverse charge for construction services which came into force on 1st March 2021. It will explain who it applies to, when it should be applied and how it will impact your business.
