Recommended for clerks and finance officers, this course is essential for any council contemplating a building project. This 90-minute session, delivered by the Parkinson Partnership, explains how VAT affects local councils, with exercises to help develop understanding. Topics include:
- VAT law and guidance as applicable to councils
- business and non-business activities
- understanding whether sales are taxable or VAT exempt
- when a council must register for VAT
- when VAT can be reclaimed
- partial exemption from VAT
