Highlights VAT-saving possibilities

VAT for Housing Associations

Quorum Training
In City of London (England)

£ 445 - (Rs 39,122)
+ VAT

Important information

Typology Workshop
Start City of london (England)
Class hours 6 hours of class
Duration 1 Day
Start 09/11/2017
  • Workshop
  • City of london (England)
  • 6 hours of class
  • Duration:
    1 Day
  • Start:
    09/11/2017
Description

VAT has always been a notoriously difficult issue for housing associations; principally because their core activity involves complex land and property transactions and, as the majority of their income is exempt, they are unable to reclaim a significant proportion of the VAT on their expenditure. The course is designed to provide a thorough explanation of VAT as it applies to housing associations, with particular emphasis on these areas. At the end of the course, delegates will have a clear understanding of the most significant compliance issues and planning opportunities.

Awareness of VAT-saving possibilities will be heightened at all staff levels within housing associations and for all those who make supplies to, receive supplies from or advise them. Junior staff will become familiar with the right questions to ask and senior staff will receive clear guidance in making key, strategic decisions.

Important information
Is this course for me?

The course is ideal for housing association staff at all levels, especially finance and development staff who are directly or indirectly involved with VAT. It would also be particularly relevant for staff from other businesses and organisations involved in transactions with housing associations, and professional advisers of all of these.

Venues

Where and when

Starts Location
09 November 2017
City of London
138-142 Holborn, EC1N 2NQ, London, England
See map
Starts 09 November 2017
Location
City of London
138-142 Holborn, EC1N 2NQ, London, England
See map

What you'll learn on the course

Property Law
Staff
Transactions
VAT
Property Tax
Planning
Property
Housing
VAT management
Housing Association
VAT management
VAT
Capital Goods

Course programme

  • What is VAT?
  • An introduction to the basic principles of VAT applicable to housing associations
  • How to understand the correct VAT treatment of land and property transactions
  • Other common VAT issues affecting housing associations
  • Partial exemption – a full explanation of the rules regarding how much VAT on expenditure can be reclaimed and guidance on how to improve recovery
  • The capital goods scheme – this is closely related to partial exemption and often ignored or misunderstood
  • A review of planning opportunities, not covered earlier in the course