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VAT - Partial Exemption

6-hour course  |  6 CPD hours

£ 329 +VAT per person

£329 +VAT
per person
£329 +VAT
per person

  • 14 & 15 September 2022
    2:00pm - 5:00pm
    Book

About our online courses

At UK Training we have taken a fresh approach to online training that we're sure you will enjoy. We've taken all the best features of the classroom and replicated them online meaning you'll get the same high quality training combined with the time and money savings that come with training online.

All our online training is visually engaging, highly interactive and informative ensuring your online experience will be just as rewarding as the classroom.

Click here to view a sample of our online training

About our online courses

At UK Training we have taken a fresh approach to online training that we're sure you will enjoy. We've taken all the best features of the classroom and replicated them online meaning you'll get the same high quality training combined with the time and money savings that come with training online.

All our online training is visually engaging, highly interactive and informative ensuring your online experience will be just as rewarding as the classroom.

Click here to view a sample of our online training

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

If you would like to make an enquiry simply fill in the quick contact form below and a member of our in­house team will be in touch shortly.

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Home > Online training > VAT - Partial Exemption

VAT - Partial Exemption

6-hour course

Course prices:

Classroom: £329 +VAT per person

Online: £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

  • Hilary Bevan

    Hilary has over 20 years of experience working in accountancy and tax.  She is a qualified Chartered Certified Accountant as well as a Chartered Tax Adviser and an Associate of the Institute of Indirect Taxation.

    In 2018 Hilary set up her own independent consultancy firm, providing specialist VAT advice to firms of accountants and businesses who don’t have their own in-house VAT expert. She has built up extensive technical knowledge over her years in practice and provides VAT advice on a range of topics from land & buildings to partial exemption. Hilary is passionate about VAT and regularly speaks on the subject, both to accounting professionals and to young academics who are interested in a career in tax.

Course dates

Online course dates

  • 14 & 15 September 2022 | 2:00pm-5:00pm Book