Event / HFMA South Central Branch: VAT Level 2

09:30, 3 November 2020, GMT

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Content 

We will review common errors across the NHS and review invoices checked and picked up on HMRC inspections. This is a comprehensive training event ideal for someone new to the NHS either or requiring an up to date refresher. We will review all the changes over the past year as well as reviewing overseas transactions. This is our most popular training event which is run in an interactive manner.

  1. Income will cover the correct VAT liability of all relevant NHS including cash income salary deductions and debtors’ invoices. The training will provide delegates with a comprehensive reference manual which will prove invaluable in determining whether to charge VAT. This ensures your NHS organisation has full compliance in the event of a HMRC inspection. This session is aimed at management accountants along with anyone in financial services involved in determining or checking the VAT liability.
  2. Capital and Estates will examine where there is scope for VAT recovery on regular maintenance or larger valued capital projects including any procured through the P21 framework process. This will confirm the expectations of HMRC to ensure that your NHS organisation is fully meeting the current VAT regulations. The training will encompass a worked example on a scheme along with sharing best proactive from the sector.
  3. Procurement and Budget Control – this is one of our most popular training sessions at the moment and is tailored specifically for buyers and purchasers at NHS organisations to ensure maximum recovery on purchases. The case studies provide examples of instances where it is more beneficial to bundle up goods or services along with examples of unbundling. This gives the procurement specialist sufficient knowledge on VAT recovery to make decisions on the best route to take for VAT recovery.

Target Audience 

Intermediate VAT 

Ticket Prices 

Free to HFMA Members 
£99 + VAT for Non Members (this includes affiliate Members)