Course overview
VAT is a tax that most private sector organisations deal with daily. It’s one of the most complex tax areas and a significant source of underpayments identified in Revenue compliance interventions.
While this course can be taken independently, particularly for those mainly handling services, it is recommended to complete it alongside our Practical VAT course for a comprehensive understanding of the Irish VAT system.
This programme is ideal for those new to structured VAT training and for anyone seeking an in-depth VAT refresher. It dispels common myths about the Irish VAT system and covers the critical principles that govern VAT in Ireland.
Study method
- Online
- Blended
- In-class
Duration study load
- 2 half days
Course features
The Advanced VAT course offers several key benefits including:
- Opportunity to put your questions to an ex-Revenue VAT Inspector who specialises in this area
- Small groups to allow time for individual attention and queries
- Detailed handout supplied to each participant – an invaluable reference document
- 30-day free VAT telephone helpline service following the date of the course
- This course will pay for itself many times over
Assessment
Due to the short nature of the courses, participants are not required to sit exams or complete assignments. Instead, they are encouraged to actively participate and engage to make the most of the interactive and supportive environment provided.
What do I get on successful completion?
Programme participants earn an IPASS Digital Credential, issued electronically on a secure platform, with a link that you can share to verify your credentials.
Your digital credential may be added to your LinkedIn profile to demonstrate your achievement to your network as well as recruiters and potential employers searching for individuals with your skills and experience.
Who's it for?
- Finance managers
- Accountants
- Accounts staff
- Staff members with responsibility for the VAT obligations of their organisation
- Anyone who wishes to be pro-active in their approach to VAT compliance
- Anyone who wishes to undergo a refresher course in the operation of the Irish VAT system
Subjects
- Amount on which VAT is chargeable – one of the most problematic areas in VAT
- Composite and Multiple Supplies
- Disposal of company assets – is VAT chargeable?
- Accounting for VAT
- Cash Receipts Basis v Sales/Invoice Basis
- When should the customer self-account for VAT and when should the supplier charge VAT
- General rule for supplies of cross border services and the exceptions to the general rule
- When to charge VAT and when the customer must self-account for VAT.
- Fixtures and Fittings – the difference from a VAT perspective!
- When does the foreign supplier have to register for and charge Irish VAT?
- When does the Irish customer have to self-account for Irish VAT?
Hire Purchase v Leasing – the essential differences explained and how they may affect you.
Explanation of how to complete a Return of Trading Details (RTD).
About IPASS - Irish Payroll Association
IPASS – Irish Payroll Association is Ireland’s premier provider of Payroll and VAT training and certification.
We specialise in training which covers the operation of PAYE, PRSI, the Universal Social Charge (USC), the operation of Employment Law and the operation of UK PAYE and NIC.
We also provide training in the operation of the Irish VAT system, Relevant Contracts Tax (Subcontractors Tax Regulations), Professional Services Withholding Tax (PSWT) and consultancy services in all of the areas covered by our training courses.
Our Payroll and VAT qualification courses are the only QQI ( Quality Qualifications Ireland ) accredited qualifications in these areas. We operate through a series of classroom-based courses, distance learning courses, online learning, in-house and 1-day courses which are run continuously throughout the year on a nationwide basis.
We represent a cross-section of payroll professionals and businesses from every sector of the economy and we are recognised by both the business community and Government Departments as the leading providers of information and education on payroll-related matters.
