CPDStore Ireland

This course is designed for accountants and tax advisers who will, at some stage, advise clients on topical VAT issues. Together with PAYE, VAT is the most heavily audited tax by the Revenue Commissioners, so it is vital for advisors to keep up to date with this complex tax. 

This course will provide a practical overview and refresher of the Irish VAT aspects relating to property including sales, purchases, leases and licences. VAT on cross border trade within the EU will be considered, together with the VAT implications on imports and exports. The One Stop Shop will be discussed, together with the proposed changes that are being introduced by the VAT in the Digital Age (“VIDA”) reforms. 

The course will also describe common mistakes seen in practice and comment on planning opportunities.

In this session Janette Maxwell will cover the following topics;

• VAT on property transactions – VAT treatment of sales and purchases, together with entering into licences and leases. Application of the transfer of business provisions. 
• VAT treatment of sales by property developers
• Cross border EU trading - intra EU acquisitions and dispatches 
• Exports, imports, commercial incoterms and postponed VAT accounting (PVA)
• EU One Stop Shop and VIDA

By attending this session, you will be able to manage risk from a VAT perspective for your clients by ensuring potential exposures are spotted and managed in a timely fashion.

This session will be of most interest to Accountants and Tax Advisors who encounter VAT issues. 

Course level: Foundation / Intermediate