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UK VAT System (A to Z) - CPD Certified

CPD UK Certified | 1 Free Course on Tax Accounting | Exam & Tutor Support + 12 Months Access


One Education

Summary

Price
Save 42%
£12 inc VAT (was £21)
Offer ends 31 May 2024
Study method
Online
Duration
9 hours · Self-paced
Access to content
12 months
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

74 students purchased this course

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Overview

VAT, although a mandatory thing for citizens, most citizens aren’t actually aware of the ways VAT works and they fall into financial inconveniences later on. This marks the rising significance of VAT as a career choice as well as a scope for personal development.

This UK VAT online course is designed to provide individuals with a comprehensive understanding of the UK value-added tax (VAT) system. Throughout the course, students will learn about the different VAT rates and how to apply them to different transactions. They will also learn about the VAT registration process, including when a business is required to register and how to do so. In addition, students will learn about the various VAT returns that businesses are required to file, including the frequency and deadlines for filing.The course will also cover topics such as the recovery of VAT by businesses, VAT on imports and exports, and VAT on property transactions.

In addition, students will learn about special schemes, such as the flat rate scheme and the retail scheme, that are available to small businesses to help simplify their VAT compliance.Therefore, a UK VAT online course provides students with the knowledge and skills they need to understand and comply with the UK VAT system.

This course will help you achieve mastery in

  • Understanding the UK VAT system and how it applies to the supply of goods and services
  • Learning about the different VAT rates and how to apply them to transactions
  • Understanding the VAT registration process and the requirements for filing VAT returns
  • Learning about special VAT schemes, such as the flat rate scheme and the retail scheme, that are available to small businesses
  • Developing the knowledge and skills needed to comply with the UK VAT system and ensure that a business is properly registered and compliant with VAT requirements.

CPD

10 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Course Assessment

To simplify the procedure of evaluation and accreditation for learners, we provide an automated assessment system. Upon completion of an online module, you will immediately be given access to a specifically crafted MCQ test. The results will be evaluated instantly, and the score will be displayed for your perusal. For each test, the pass mark will be set to 60%.

When all tests have been successfully passed, you will be able to order a certificate endorsed by the Quality Licence Scheme.

Exam & Retakes:

It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable.

Certification

Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).

Who is this course for?

This course is suitable for business owners and managers who are responsible for VAT compliance . Moreover, accounts and finance professionals, entrepreneurs and students will also be greatly benefited from this course.

Requirements

This UK VAT course is open to all, with no formal entry requirements.

Career path

This course will help the learners in pursuing a range of viable careers such as -

  • VAT Accountant - £30,000 - £50,000 per year
  • VAT Consultant - £35,000 - £60,000 per year
  • VAT Specialist - £35,000 - £65,000 per year
  • VAT Manager - £45,000 - £75,000 per year
  • VAT Director - £60,000 - £100,000 per year

Questions and answers


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Deborah asked:

Hello, if I fail the exam, do you charge a fee to retake it at all?

Answer:

Dear Deborah, Thanks for your question. Yes, the final exam retake fee is £3.99. Thanks

This was helpful. Thank you for your feedback.

Reviews

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Course rating
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Content
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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.