Skip to content

Accounts Payable (A/P) Function for UK VAT

Titan Learning

Summary

Price
£375 inc VAT
Study method
Online
Duration
3 months · Self-paced
Qualification
No formal qualification

Overview

This course is designed to improve VAT knowledge for accounts payable (A/P) professionals. This course will your performance and productivity whilst being able to minimising the impact of irrecoverable VAT in transaction chains. This course will help you with VAT processing and provide the tools to make better decisions when deducting the VAT incurred on the business’ expenditure.

Description

Accounts Payable processes must take account of VAT charged by suppliers or on imports and decide whether it is reclaimable:

  • Is the tax invoice correct?
  • Has VAT been correctly charged?
  • Is the purchase on a list of disallowable VAT?

These are all VAT questions AP staff need to determine the correct answer. By undertaking structured online VAT training, you will be better equipped to make VAT related decisions to provide value to your business.

Without the proper training and tools to do the job, VAT issues can be overlooked and VAT risks increased.

Course Modules Included:

Introduction to VAT: How VAT Works

Input Tax – Right to Deduction

VAT Invoices

Non-deductible Input Tax

Accounting for Reverse Charge & Acquisition VAT

Partial Exemption

What is Included?

VAT Resources and reference materials

Expert VAT support via online student forums

Interactive eLearning modules

Comprehensive end of course VAT Assessment

VAT Decision-making tools

3 Continuing Professional Development (CPD) hours

Questions and answers

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

Leave a review

Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
View all
Related searches: Online courses