Tax & VAT Accounting Diploma

UK Statistics

• The UK Tax & VAT system is one of the most complex in the world, with over 1 million businesses registered.
• Tax & VAT revenue in the UK is expected to reach £140 billion in 2023-24.
• Tax & VAT compliance is a major challenge for many businesses, with HMRC issuing over 600,000 penalties in 2022-23.

Course Overview

The VAT & Tax Accounting Diploma is a comprehensive course that will teach you everything you need to know about VAT and tax accounting in the UK. You will learn about the different types of Tax & VAT, how to calculate Tax & VAT, and how to comply with VAT regulations. You will also learn about the different types of taxes that businesses in the UK need to pay, and how to complete tax returns.

Learning Outcomes

• Understand the UK Tax & VAT system and its key principles.
• Calculate Tax & VAT accurately and apply it to different types of transactions.
• Register for Tax & VAT and complete VAT returns correctly.
• Identify and apply Tax & VAT exemptions and zero-rates.
• Understand the different types of taxes that businesses in the UK need to pay.
• Complete tax returns accurately and on time.

The VAT & Tax Accounting Diploma is a comprehensive course that will teach you everything you need to know about VAT and tax accounting in the UK. You will learn about the different types of VAT, how to calculate VAT, and how to comply with VAT regulations. You will also learn about the different types of taxes that businesses in the UK need to pay, and how to complete tax returns.

Curriculum Breakdown:

• Module 01: Understanding VAT
• Module 02: VAT Terminology and Calculation
• Module 03: VAT Taxable Persons
• Module 04: VAT Registration
• Module 05: VAT Rates
• Module 06: Invoicing and Records
• Module 07: VAT Application in Goods, Services and Vehicles
• Module 08: Supply
• Module 09: The VAT Return
• Module 10: Tips on VAT Compliance
• Module 11: VAT Exemptions and Zero-Rated VAT
• Module 12: Miscellaneous VAT Issues and Penalties
• Module 13: Making Tax Digital

The VAT & Tax Accounting Diploma is ideal for anyone who wants to learn more about VAT and tax accounting in the UK. The course is particularly suitable for:

• People who are new to tax accounting and want to start a career in this field.
• People who are already working in tax accounting and want to update their skills and knowledge.
• Business owners and managers who need to understand VAT and tax regulations.

• No prior knowledge needed
• Compatible with any internet-enabled device, including computers, tablets, and smartphones.
• Consistent learning experience
• Accessible anywhere, anytime
• No limitations on access
• Use Wi-Fi or mobile data

• VAT Analyst: £30,000 - £40,000 per year
• Tax Accountant: £35,000 - £45,000 per year
• Financial Controller: £50,000 - £70,000 per year
• Tax Manager: £40,000 - £60,000 per year
• Auditor: £35,000 - £50,000 per year
• CFO (Chief Financial Officer): £80,000 - £120,000 per year

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PDF Certification

Digital certificate - Included

Hardcopy Certification

Hard copy certificate - £9.99