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We are delighted to announce the launch of a brand new training course that will help all those who have to deal with VAT and partial exemption.

The Essential Guide to Partial Exemption
25th November 2015 | London | £289+VAT

This comprehensive full-day course provides an in-depth understanding of partial exemption, building on key principles and providing a good grounding in the mechanics of partial exemption. It offers practical advice and understanding on the differences between the standard method and special methods, the capital goods scheme and a number of related subjects.

If your business is involved in making both taxable and exempt supplies then you need to understand the complex rules around partial exemption.  This course will help you determine what VAT your business can recover under the partial exemption rules and whether it is more favourable to use the standard method or agree a special method with HMRC. It also explains some of the more complicated areas including the capital goods scheme, direct attribution, apportionment, change of use/intention and “first use” principle. There are a number of “worked examples” to clearly show how partial exemption and the capital goods scheme works in practice and also reference to recent case law