reed.co.uk Courses

Header

January sale shop all deals

VAT Training | Work Experience

Classroom based course with practical work experience for a firm of accountants


The Training Place of Excellence

Summary

Price
£250 inc VAT
Payment options

Direct Debit

Bank Transfer

Paypal

Cash in hand

Study method
Classroom
Duration
2 Months, Part-time
Qualification
AAT Level 3 Certificate in Tax (HMRC) (QCF)
Professional What's this?
Regulated What's this?
Additional info
  • Tutor is available to students

9 students enquired about this course

Location & dates

Location
Address
The Training Place
New Cross Road
South East London
London
SE145BE
United Kingdom

Overview

VAT is one of the most complex and onerous tax regimes imposed on businesses - so complex that many businesses inadvertently overpay or underpay VAT.

The ever-widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever-growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations

After this training, you will have the opportunity to become a trainee in our partner accountancy firm.

With this training you will gain a guaranteed 2 months work placement with our partner accounting firm as an Accounts Assistant to add to your CV!

Did you know that if you book this course along with the any other short training, you will be entitled to 5% discount + 5 months guaranteed work placement?

Our award-winning firm works tirelessly on the quality of our delivery and every individual matters to us. This is evident in the number of awards we have won to date and the recognition attained from relevant accounting bodies.

Qualification

AAT Level 3 Certificate in Tax (HMRC) (QCF)
Regulated by Ofqual

Description

This is an invaluable course which will prove priceless to your career and further help you to secure a job within the finance department of a large organization, as you will realize that most medium to large sized organizations offering taxable supplies are VAT registered. This will further help to intensify your understanding of Sage Line 50 and build your competence and confidence.

The training covers:VAT rates, codes on Sage, calculation of VAT payable/ reclaimable, how to complete a VAT return, VAT control accounts, VAT reconciliation, VAT registration and deregistration.

Manual and computerised VAT using different types of VAT schemes and rates are also taught. This will further help to intensify your understanding of Sage Line 50 and build your competence and confidence.

Work Experience

During the accounting work placement, you will take the role of an accounts assistant and you will be shadowing a chartered certified accountant and working on live client accounts. You will have the opportunity to practically apply the knowledge acquired from our training sessions into a real work environment.

You will have the opportunity to practically apply the knowledge acquired from our training sessions into a real work environment. You will be involved in accountancy duties with St Mary's Accounting Services includes, but not limited to:-

  • Setting up and updating cash flow reports
  • Managing and maintaining nominal codes and coding systems
  • Updating and reconciling nominal ledgers activities and transactions
  • Maintaining and updating the Sales and Purchase ledgers
  • Dealing with bank postings and bank reconciliations
  • Adjustments, Journals, Reconciliations and Year-end processes
  • Setting up and dealing with different reports
  • Preparation of Profit & Loss Accounts, Trial Balance and Balance Sheet

The work placement is vital for accounting students who lack practical work experience. The training's are usually one day a week and the work placement is also one day a week. We offer individuals the flexibility to combine the training and work placement into one long day or into two days.

Who is this course for?

Our VAT training is designed for candidates starting with no or limited prior knowledge of VAT. The aim of the course is to ensure that you become confident and competent performing different financial functions across the application. The skills and processes that you will analyse in this course are beneficial for any financial sector role but especially those looking to enhance existing skills and strengthen the expertise and credentials on their CV.

Requirements

Suitable to anyone interested in pursuing a career in the accounting and financial services sector.

Career path

The VAT Accounting Training can lead to employment as a/an:

  • Accounts Assistant
  • Accounts Payable and Expenses Supervisor
  • Accounts Payable Clerk
  • Assistant Accountant
  • Audit Trainee
  • Bookkeeper
  • Credit Controller
  • Finance Assistant
  • Payroll Administrator
  • Payroll Supervisor
  • Practice Bookkeeper
  • Tax Assistant

Potential earnings will be about £11,000 to £25,000 per annum.

Questions and answers

Rating and reviews

There haven't been any reviews for this course yet.

Leave a review

Modals

Mobile Navigation