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Basics of Value-Added Tax
Advanced Level

Basics of Value-Added Tax

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  • 1.5-3 Avg Hours
  • CPD Accredited
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Basics of Value-Added Tax

This free online finance and accountancy course explains how Value-Added Tax (VAT) works in the United Kingdom.
Learning the basics of VAT is a fantastic place to start if you want to become an accountant as it provides the skills required to manage money and business taxes. This course also benefits business managers ... Learning the basics of VAT is a fantastic place to start if you want to become an accountant as it provides the skills required to manage money and business taxes. This course also benefits business managers as it lays out the intricacies of corporate taxation. We go over the essentials of how VAT works before examining the vocabulary and mathematical formulas you need to master to save money and comply with the relevant UK tax legislation.

What You Will Learn In This Free Course

  • Outline the fundamentals of value-a...
  • Explain the procedures used to comp...
  • Recall various tax-related obligati...
  • Describe the registration of compan...
  • Outline the fundamentals of value-added tax
  • Explain the procedures used to compute VAT liability
  • Recall various tax-related obligations
  • Describe the registration of company branches and groupings
  • Identify the history of the VAT rate and highlight current VAT rates in the UK
  • Discuss the ‘reverse charge’ system
  • Outline the procedure for paying a VAT bill
  • Discuss the purpose of VAT visits and audits
  • Lay out the UK's VAT-related violations and penalties
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Learner Reviews & Feedback For Basics of Value-Added Tax

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SUVRO H. Alison Graduate
Liked this course this course
nice arrangement
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Mr Jay P. Alison Graduate
loved this course this course
Its simple to understand and learn the basics quiclky.
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Charles A. Alison Graduate
loved this course this course
great tuition
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