Buying and Supplying in Europe and the Rest of the World

Overview

This course covers the new VAT rules on the place of supply of services, the latest view on the liability of overseas recruitment agent fees as well as providing a 'refresh' of the VAT rules on exports and import duty and a quick look at wider tax issues arising from going overseas to deliver activity.

Who should attend?

Anyone involved in preparing VAT returns whose institution is involved in buying from or selling to overseas entities.

What does the course aim to do?

This half day seminar will include:

New place of supply rules: how to decide where services take place; when they take place; what evidence is needed to establish zero rating; which bought in services attract reverse charge; issues relating to research.  How can I use the Finance System to help?

New reporting rules: EC sales list and intrastat - what do I report and when.

International recruitment agents - to reverse charge or not to reverse charge?  a review of the latest position.

Exports - A quick refresher on the rules - including evidence, timing and goods remaining within a university's ownership.

Import duty - a review of what reliefs are available.

Delivering activity overseas - just how many taxes is it possible to pay? - a quick case study.

A sandwhich lunch will be served between 12pm -12.30pm during registration.