The Bookkeeping and VAT Returns Training Course is structured into targeted modules that build progressively from core principles to advanced VAT handling strategies. Delivered over an intensive yet practical timeframe, the course ensures that participants gain mastery over essential areas without interrupting professional commitments.

Module 1: Foundations of Bookkeeping

Introduction to financial recordkeeping
Double-entry system and ledger balancing
Chart of accounts and journals
Recording income, expenses, and adjustments
Accruals and prepayments in bookkeeping

Module 2: Introduction to VAT Systems

Overview of VAT systems in the UK and globally
Understanding VAT registration thresholds and requirements
Output VAT and input VAT: definition and practical application
Tax point and invoice date rules
How VAT applies to different goods and services

Module 3: VAT Accounting Techniques

Calculating VAT for standard-rated, reduced, and zero-rated goods
Applying VAT codes accurately
VAT on imports, exports, and intra-EU transactions
Partial exemptions and apportionment methods
Reverse charge mechanism and its implications

Module 4: VAT Returns and Compliance

Preparing accurate VAT returns using real case data
Completing VAT Return Form (VAT100) with precision
Use of cloud-based accounting software for VAT submissions
Common VAT errors and how to avoid them
Record-keeping requirements and retention guidelines

Module 5: Digital VAT and MTD (Making Tax Digital)

Overview of Making Tax Digital (MTD) legislation
Adapting bookkeeping systems for digital compliance
HMRC-approved software tools and integrations
Real-time reporting and submission of VAT data
Cybersecurity concerns and data management

Module 6: VAT in Business Operations

Industry-specific VAT issues (e.g., retail, construction, services)
VAT implications for charities and non-profits
Handling discounts, deposits, and bad debts
VAT on employee expenses and benefits
Preparing for HMRC VAT inspections

Module 7: Advanced Bookkeeping and Reconciliation

Reconciling VAT control accounts
Dealing with discrepancies and late invoices
Posting VAT journals in ERP systems
Year-end bookkeeping procedures
Integrating VAT adjustments in final accounts

Module 8: Real-World Applications and Case Studies

End-to-end simulation: From invoice to VAT return
Corporate compliance scenario workshops
Audit preparedness and risk management
Group discussion: VAT trends and evolving regulations
Peer feedback and troubleshooting session

Bookkeeping and VAT Returns Training Course in Abu Dhabi

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