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Charity VAT training

Where should I look for Charity VAT training?

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It looks like a charity I do the bookkeeping for will need to register for VAT sooner than expected. I'm already AAT qualified in VAT but don't have any in-work experience. I'm also aware, having spoken to HMRC about calculating VAT on grants, that charity VAT is a complex area requiring its own department.

Where do you recommend I go to get the knowledge I need for processing complex charity VAT before we need to register? I have already asked ATT if their VAT qualification would be appropriate and am waiting for a reply.

PS. The finance department is just me and the Treasurer so it's essential I understand this correctly and, being a charity, they don't want to outsource to an accountant if I can learn to provide this in-house. 

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Ivor Windybottom
By Ivor Windybottom
17th Nov 2020 21:23

Receipt of grants can be complex so you may be better placed getting specialist help.

The HMRC Supply & Consideration Manual (VATSC06300 & VATSC06330) covers the Revenue's view in some detail, but you may need to seek assistance as it could be critical to both registration and the charity's finances if you get it wrong.

Use their advice as a learning exercise so you can take it forward more confidently after that.

The advisor may also be able to suggest possible planning to mitigate adverse VAT effects if the numbers suggest registration is not beneficial to the charity.

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Replying to Ivor Windybottom:
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By the_drookit_dug
17th Nov 2020 22:32

Agreed, although an overall awareness would be no bad thing.

Google 'Sayer Vincent VAT'. They post lots of useful commentary. In particular: https://www.sayervincent.co.uk/wp-content/uploads/2018/10/SV-MS-VAT-Aug2...

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chips_at_mattersey
By Les Howard
18th Nov 2020 08:48

There is a good course here: https://www.uktraining.com/training/vat-for-charities/52/classroom

(I have to declare an interest, as I deliver other courses for UK Training.)

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Jason Croke
By Jason Croke
18th Nov 2020 14:39

I was going to suggest Les Howard but he's already suggested himself!

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By WhichTyler
18th Nov 2020 16:54

CHRISTINA GORHAM wrote:

being a charity, they don't want to outsource to an accountant if I can learn to provide this in-house. 

For your peace of mind, I would recommend they shell out for a one-off health check and recommendations of how to process VAT in their current precise circumstances that you can follow. Training (for you and the treasurer) is necessary will help you understand the principles, and know why you are doing what you do, but if is the first time you have dealt with (for example) partial exemption (or benefits, or fundraising events), get someone else to set it up or at least check your workings

Cost of a mistake is significant...

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Replying to WhichTyler:
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By WhichTyler
18th Nov 2020 16:55

And here is an introduction...

https://www.cfg.org.uk/IntroVAT

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Replying to WhichTyler:
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By the_drookit_dug
18th Nov 2020 20:52

A one-off health check, but with ongoing engagement, even if it's just an annual meeting for an hour over coffee to discuss activities over the year and whether any issues or opportunities may have arisen.

Having a VAT specialist at the end of the phone is invaluable.

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VAT Consultant
By VAT Consultant for Hire
27th Nov 2020 11:36

Also a good resource: https://www.vatforum.co.uk/

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VAT Consultant
By VAT Consultant for Hire
27th Nov 2020 11:36

Also a good resource: https://www.vatforum.co.uk/

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