VAT for Housing Associations

Course

In City of London

£ 445 + VAT

Description

  • Type

    Workshop

  • Location

    City of london

  • Class hours

    6h

  • Duration

    1 Day

Highlights VAT-saving possibilities

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.

Facilities

Location

Start date

City of London (London)
See map
138-142 Holborn, EC1N 2NQ

Start date

On request

About this course

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.

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

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

Teachers and trainers (1)

Nick  Lawrence

Nick Lawrence

Teacher

Nick spent several years with HM Customs & Excise in the UK, specialising in partial exemption, before joining a medium sized accountancy firm in 1988 where he advised on all aspects of VAT and was latterly chairman of the national VAT committee. In January 1995, he started his own business, working from home. Nick has provided regular consultancy and training services to a wide range of clients in the UK and abroad. He has particular expertise in partial exemption, land and property, charities and social housing.

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

VAT for Housing Associations

£ 445 + VAT